France, Spain and the Netherlands were the main EU destinations.
CLI has become an operational member of AD Ports Group’s international portfolio, marking the Group’s first strategic entry into South America.
The acquisition will expand Hormel’s value-added chicken portfolio and foodservice capabilities as the company reshapes its protein business through strategic portfolio changes.
The confectionery maker will retain its existing Neuss facility and focus on modernising its German manufacturing network after shelving plans for a new plant.
The Punjab-based FMCG company plans to use IPO proceeds to expand its retail presence, enter new categories and strengthen operations across international markets.