Reckitt signals baby-formula exit as strategic review launched
Analysts suggested any potential nutrition disposal will be constrained by ongoing litigation in the US related to Enfamil Premature formula.
24 July 2024
24 July 2024
Analysts suggested any potential nutrition disposal will be constrained by ongoing litigation in the US related to Enfamil Premature formula.
Davidson Kempner and Afendis Capital are buying the private-label supplier for an undisclosed sum.
The NGG is now looking at arbitration to settle the dispute, which the union said is set to get underway next month.
It is its first acquisition since changing its name from Voff Premium Pet Food in April.
Nestlé suggests that the sustainability agenda is gaining momentum in the travel retail sector.
Fresh Hemp Foods said it plans to expand The Humble Seed range of products across grocery stores and e-commerce outlets.
The private-equity firm first invested in the US business in 2020.
The Le Gaulois brand owner's CEO, Philippe Gélin, discusses the group's growth strategy, M&A plans and consumer confidence in the poultry market.
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