News in Numbers
$2.9bn
PE firm Investindustrial has struck a deal to buy TreeHouse Foods that values the US own-label group at $2.9bn.
€530m
The “medium-term gross savings” that Unilever’s soon-to-be-listed ice-cream arm The Magnum Ice Cream Company is targeting through a productivity programme.
€520m
The combined sales of Austrian dairy group SalzburgMilch and local peer Pinzgau Milch Produktions should they, as planned, merge.
30%
Hain Celestial plans to cut around 30% of its SKUs in North America as part of the US group’s bid to “build a winning, simpler portfolio”.
$38.9m
The fine facing Beyond Meat after a US jury determined the meat-free company had infringed a trademark of rival brand Vegadelphia. Beyond Meat plans to appeal.