US – Global sandwich chain Subway has confirmed to be on sale after almost six decades of family ownership but…
Read MoreSubway exploring business sale, appoints JP Morgan chase as financial advisor
Tag: divestment
Britain’s largest pub group, Stonegate Pub Co. to sell 1000 site portfolio
UK – Stonegate Pub Co., Britain’s largest pub group, is reportedly looking to scale down its portfolio of sites by…
Read MoreHKScan sells its business in the Baltic Region in push to strengthen balance sheet
FINLAND – HKScan, a manufacturer of meat foods and products, is selling its business in the Baltic region to AS…
Read MoreOlymel to close and sell St-Hyacinthe pork processing plant due to unfavorable economic situation
CANADA – Olymel, a Canadian meat packing food processing company, has planned to close its pork processing plant located on…
Read MoreFleury Michon to divest Bretagne plant, citing volatile and inflationary economic context
Fleury Michon to divest Brtagne plant suffering from significant volume losses linked to a drop in sales FRANCE – French…
Read MoreClovers cashes in US$2.9m from sale of cold storage, distribution center in push to consolidate operations
SOUTH AFRICA – South Africa’s branded foods and beverages group, Clover Industries Limited, has disposed its cold storage and distribution…
Read MoreFonterra raises international profile of Global Dairy Trade platform with addition of new strategic partners
NEW ZEALAND – Fonterra, a New Zealand multinational dairy cooperative, has completed the sale of its majority shares in Global…
Read MoreUnilever still in discussion for sale of Kenyan stake under Limuru Tea
KENYA – Netherlands-based Puccini Bidco has offered to acquire 100 per cent of Limuru Tea after an earlier bid for…
Read MoreDanone in talks to divest factory in Spain facing closure plans
SPAIN – Danone, a world-leading food company, is considering a discussion with a possible suitor to unload a factory in…
Read MoreBritish 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…
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