11 February 2025
11 February 2025
The US food and drinks business is confident organic sales will “pivot” to growth in the second half.
“Over the past two years, Royal Greenland has faced challenges in several areas,” chair of the board Maliina Abelsen said.
KiSabor offers more than 800 SKUs, which include products such as sauces, dressings, spices, flour products, condiments and popcorn.
SPC Global emphasised the company's “strong” fundamentals and “strategic initiatives”.
Reina Group said the deal allows it to “further consolidate its position in the food sector”.
The snack maker is aiming to “significantly” increase its sales in markets outside of Northern Ireland.
The US food and beverage group also said it is reviewing the future of its personal-care business.
Flowers has documented for several quarters a consumer shift away from traditional loaves toward more “differentiated and premium items”.
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