Mondelēz International Reports Q3 2021 Results forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
Reports broke this week that packaged foods manufacturer Conagra Brands is considering a sale of its Hebrew National hot dog business. The business may sell for about $700 million, and the transaction could also include Conagra’s Egg Beaters and Odom’s Tennessee Pride brands,
The Wall Street Journal reported.
Conagra is entering the talks as it is actively working to focus its efforts on frozen foods and snacks, Bloomberg said in its coverage of the potential deal. IRI data gathered by the news and business information organization reveals that the three brands had combined sales of $575 million in the 52-week period that ended on February 21.
Provides attractive platform to drive broader biscuit portfolio in Australia and New Zealand
CHICAGO, March 09, 2021 (GLOBE NEWSWIRE) Mondelēz International (Nasdaq: MDLZ) today announced it has entered into an agreement to acquire Gourmet Food Holdings Pty Ltd, a leading Australian food company with a strong position in the attractive premium biscuit and cracker category. Terms of the transaction were not disclosed.
Gourmet Food’s brands, including
OB finest, Olina’s Bakehouse and
Crispbic, have grown to become category leaders in the premium crackers and biscuits segments throughout Australia and New Zealand (ANZ) through on-trend innovations, including health and well-being offerings.