Food Industry
Industry: Email Alert RSS FeedA busy month for food asset-swapping: Unilever, ConAgra, Del Monte, Pinnacle will look significantly different once the dust settles.(leading marketers of pet food products)
Food Processing, April, 2006
PERHAPS IT'S NO COINCIDENCE THAT JUST AS annual reports and 10Ks are being issued, food companies are jiggering their portfolios and trading brands and other assets. ConAgra will end the year a significantly smaller company than it began it, and Del Monte is suddenly one of the leading marketers of pet food products. And Pinnacle keeps growing as a lifeguard of old and neglected brands.
Unilever European frozen foods for sale
Unilever Pie, London and Amsterdam, announced it is has to put up for sale most of its European frozen foods businesses. Not for sale are frozen food operations in Italy, nor any ice cream businesses, nor the Bertolli brand in the U.S.
"Deciding to put the majority of our European frozen food business up for sale has...
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