SPAIN – Danone, a world-leading food company, is considering a discussion with a possible suitor to unload a factory in…
Read MoreDanone in talks to divest factory in Spain facing closure plans
Tag: divestment
British alcoholic beverage giant Diageo to exit Russia before the end of the year
RUSSIA – Diageo, a British multinational alcoholic beverage company, has announced the decision to wind down its operations in Russia…
Read MoreTiger Brands exit deciduous fruit business following strategic review, closure spells disaster for industry
SOUTH AFRICA – Tiger Brands’ decision to close down its fruit canning operations, Langeberg & Ashton Foods (L&AF), in the…
Read MoreFrieslandCampina to transfer part of German dairy business to Muller
GERMANY – FrieslandCampina, a Dutch multinational dairy cooperative, has announced plans to divest parts of its German consumer business to…
Read MoreSmithfield Foods to close down California and Arizona plants next year due to rising costs
US – Smithfield Foods, an American pork producer and food-processing company, has announced that it is exploring ways to close…
Read MoreHeineken UK to shut down Caledonian Brewery due to significant inefficiencies
UK – Heineken UK, a subsidiary of Dutch multinational brewing giant Heineken has announced plans to close the Caledonian Brewery…
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