16 July 2024
16 July 2024
After swooping for the UK’s Thrive Pet Foods, Petbuddy’s CEO outlines the rationale for the deal and the company’s growth plans.
The shuttering of facilities at Marybank and Arnish in Stornoway would impact around 80 jobs.
Krüger Group will acquire brands such as Hermesetas, SteviaSweet and Assugrin.
Fertilisers currently account for around half of PepsiCo’s average potato carbon footprint in Europe, it said.
The deal is expected to finalise at the end of this month.
The Netherlands group has exercised a put option to acquire the remaining 50% share.
The Indian company will produce the PepsiCo brand Simba Munchiez in Zimbabwe and Zambia.
The pork processor is mulling a debut on either the New York Stock Exchange or Nasdaq bourse.
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