Nestlé will explore strategic options for its US confectionery business, including a potential sale. The review covers the US market only and is expected to be completed by the end of this year.
Glencoe Capital Management, LLC acquired Urbana, Ohio-based Robert Rothschild Farm, a specialty food producer for more than 30 years, specializing in gourmet sauces, dips and spreads. Glencoe will combine the company with Cincinnati-based Clearbrook Farms, a premium fruit-based food manufacturer acquired in 2016.