Danone sells US organic salad business to Taylor Farms

PARIS: French food group Danone said on Friday it had signed a definitive agreement for the sale of Earthbound Farms, its U.S. organic salad business, to California-based Taylor Farms.The sale of Earthbound Farms, which had 2018 sales of about US$400 million, is part of Danone's portfolio management and capital allocation optimization strategy, the company statement said.

Danone Chief Executive Emmanuel Faber said in February the loss-making Earthbound Farms was under"intense strategic scrutiny".

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Campbell to sell fresh food business for about US$500 mln to former executive: WSJCampbell Soup Co is nearing a deal to sell its fresh foods unit, including Bolthouse Farms, for about US$500 million to a group led by the former ...
منبع: ChannelNewsAsia - 🏆 6. / 66 ادامه مطلب »

Campbell to sell fresh food business for about US$500 mln to former executive: WSJCampbell Soup Co is nearing a deal to sell its fresh foods unit, including Bolthouse Farms, for about US$500 million to a group led by the former ...
منبع: ChannelNewsAsia - 🏆 6. / 66 ادامه مطلب »