25 October 2024
25 October 2024
An option for the New York-based activist investor is to pursue a “review of strategic alternatives” for the US frozen-potato products business.
If Valio pushes on with the moves, they would impact 341 employees across both locations.
Some $28m will be invested in its subsidiary Meiji America’s plant in Santa Ana, California.
Following the acquisition, Lyons Magnus has launched Lyons Health Labs to specialise in nutritional and health-focused products.
The acquisition aligns with Stratas Foods' strategic growth plans in value-added oils, dressings, sauces, and mayonnaise.
The differences between the two candidates are many. The similarities are few, writes Victor Martino.
The Marmite, Hellmann’s mayonnaise and Ben & Jerry’s brands owner beat analysts’ sales, volume and pricing estimates for the quarter.
The dairy giant’s volume-mix growth has accelerated for a fifth quarter.
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