WORLD NEWS
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Mars Petcare acquires Champion Petfoods to strengthen capabilities and expand portfolio
CANADA – Mars Petcare has acquired a Canada-based maker of premium pet foods, Champion Petfoods, from an investor group led by Bedford Capital and the…
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H.I.G. Capital divests Greenwich–based specialty food distributor Lipari Foods to investor group
US – H.I.G. Capital, a leading global alternative investment firm, has completed the divestment of US-based specialty food distributor Lipari Foods to an investor group…
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DSM posts solid growth in Q3 2022 despite macroeconomic challenges
NETHERLANDS – Dutch nutrition giant, DSM, has delivered a solid performance in the first nine months of 2022, with sales up 20% and organic sales…
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Perrigo Company acquires Nestlé’s Gateway infant formula plant and rights to Good Start infant formula brand
US – Perrigo Company plc, a global consumer self-care company, has acquired Nestlé’s Gateway infant formula plant in Eau Claire, Wisconsin, along with the US…
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Walmart India registers revenue growth of 7% in FY22, loss widens to ₹299 crore
INDIA – Walmart India Pvt, a wholly-owned subsidiary of Walmart Inc., has witnessed its loss widening to ₹299.01 crores (US$36.24million) in FY22 from ₹ 200.80…