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Nestlé completes CHF 20B share buyback program

Nestlé completes CHF 20B share buyback program

Nestlé plans to commence repurchases on or after January 3, 2020Nestlé S.A. has completed its 20 billion share buyback program initiated on July 4, 2017. Since July 4, 2017, Nestlé has repurchased 225,186,059 of its

Global
True invests £26M in F&B brand Soulfresh

True invests £26M in F&B brand Soulfresh

As the appetite for healthy food and drink choices expedites Europe’s retail and consumer sector specialist True has invested £26 million in Soulfresh, a food and drinks brand that’s disrupting the market with alternative options for consumers

Global
Campbell completes sale of international operations to KKR

Campbell completes sale of international operations to KKR

Total Net Proceeds of approximately $3 Billion from divestitures of Campbell International and Campbell FreshCampbell Soup Company has completed the sale of Arnott’s and certain of Campbell’s International operations to KKR for approximately $2.2 billion in

Global
Jelly Belly to acquire Gimbal’s jelly beans brand

Jelly Belly to acquire Gimbal’s jelly beans brand

The company makes more than 100 Jelly Belly jelly bean flavors, over 50 confectionsJelly Belly Candy Company has entered into an asset purchase agreement with Gimbal Brothers closing at the end of 2019 to acquire

Global
Nutrisystem launches innovative plans for 2020

Nutrisystem launches innovative plans for 2020

New Nutrisystem personal plans promote healthy weight loss matched to body type, food preferences, and overall goalsUS based Nutrisystem®, a Tivity Health® brand, has announced the launch of the new Nutrisystem personal weight loss plans.

Global
Hard Rock announces global partnership with Coca-Cola

Hard Rock announces global partnership with Coca-Cola

Coca-Cola products to make their debut in hard rock cafe® locations worldwide in 2020Hard Rock International, one of the world’s most iconic dining, entertainment and hospitality brands, and The Coca-Cola Company, the world’s leading total

Global
Dairy Farmers of America realigns ingredients division

Dairy Farmers of America realigns ingredients division

New structure provides a broader portfolio of dairy ingredients and support for food manufacturers and operatorsDairy Farmers of America (DFA) has realigned its Ingredients division, including dairy powders, dairy food ingredients, DairiConcepts and Berkshire Dairy,

Global
Bunge signs agreement to sell margarine and mayonnaise assets

Bunge signs agreement to sell margarine and mayonnaise assets

The transaction includes three production plants and the brands used for these two productsUS based Bunge Limited, a world leader in sourcing, processing and supplying oilseed and grain products and ingredients, has entered into an

Global
Campari Group acquires French distributor for €60 M

Campari Group acquires French distributor for €60 M

Following the successful conclusion of the announced negotiationsFurther to the communication of November 15th, 2019, concerning the exclusive negotiations with Baron Philippe de Rothschild S.A. for the acquisition of 100% of the French distributor Baron

Global
Fonterra to streamline Chilean operations

Fonterra to streamline Chilean operations

Fonterra has purchased the minority interest in ProlesurFundación Isabel Aninat (the Fundación) has sold its 13.6% shareholding for $29.3 million NZD, which takes Fonterra’s ownership of Prolesur from 86.2% to 99.9%.  Prolesur is a milk processor