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Sugar & Confectionery – WORLD NEWS
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Suedzucker posts 60.6% Q3 operating profit jump as fruit business offsets weak EU sugar market
Strong performance in fruit lifts Suedzucker’s third-quarter results despite continued pressure from low EU sugar prices.
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McCormick raises stake in McCormick de Mexico to 75% in US$750m deal
Acquisition strengthens McCormick’s control of its Mexican joint venture and supports regional expansion plans.
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Unilever completes demerger of Magnum Ice Cream Company as it accelerates portfolio shift
The newly listed Magnum Ice Cream Company begins independent operations as Unilever sharpens its focus on health and wellness brands.
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Mondelez unveils Oreo zero sugar in U.S. market as demand for healthier snacks rises
Mondelez introduces sugar-free Oreo varieties in the U.S. amid rising consumer interest in healthier snacking choices.
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EU approves Mars’ US$35.9B acquisition of Kellanova after competition probe
The European Commission has cleared Mars’ multibillion-dollar takeover of Kellanova following an extensive competition assessment.