ConAgra Foods, Cargill and CHS announced that their proposed new joint venture flour milling company, Ardent Mills, will establish its headquarters in the Denver metropolitan area
July 19, 2013
The transaction is expected to be completed in late calendar year 2013, following regulatory clearances.
Glanbia hopes the move will allow it to focus more on its high-margin U.S. cheese and international nutritionals businesses away from its lower margin dairy processing.
Kellogg Co. and Wilmar International Ltd. have entered a joint venture for the sale, manufacturing and distribution of Kellogg’s cereal and Pringles snack foods brands in China.
Nestlé S.A. and The Coca-Cola Company agreed to focus the geographic scope of their ready-to-drink tea joint venture, Beverage Partners Worldwide (BPW), on Europe and Canada.
Bunge North America, the North American operating arm of Bunge Limited, has created a joint venture company with Twin Rivers Technologies Enterprises de Transformation de Graines Oleagineuses du Quebec Inc.