As previously announced, after an interim operating period, KDP plans to separate into two independent, U.S.-listed publicly traded companies, creating a leader in North America's refreshment beverages market and a global coffee powerhouse.
The companies say this combination is positioned to unlock new regions, flavors, innovation and consumption occasions in both retail and foodservice channels across the combined business.
As Valeo Foods Group’s eighth acquisition since 2022, Prestige reinforces the company’s ambition to strengthen its position as Europe’s leading sweet treats champion.
As part of the transaction, Ferrero will take over Bold Snack's office and factory in Divinópolis, Minas Gerais, with approximately 300 employees expected to join Ferrero Brazil.
This combination would bring together complementary innovation engines — Dawn Foods' application-led creativity and Puratos' R&D-led ingredient technology — alongside complementary production models.
The plant more than doubles Shinkei’s total footprint and represents a major milestone in the company’s mission to deliver fish under the Seremoni Grade brand.
Hain Celestial says the divestiture sharpens the company’s focus and advances a simplified North American portfolio centered on core categories with stronger margin and cash flow profiles.