Orkla Snacks acquires The European Candy Group B.V
The EUR 207 million deal adds production capacity for BUBS expansion in Europe.
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Latest news in Consumer Goods Conglomerates
Company announcements
Colgate's Hill's earns FDA clearance for precision fermented protein
The lamb protein ingredient, developed with Bond Pet Foods, provides a complete amino acid profile and passed a six-month feeding study.
P&G appoints Shailesh Jejurikar as Chairman of the Board
Executive Chairman Jon Moeller will retire on July 31, 2026.
P&G announces Q4 and FY 2026 financial results
Net sales grew 2% in Q4 and 3% for the year, with core EPS down 3% in the quarter.
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Media coverage
Orkla buys candy manufacturer for 207 million euros
Norwegian food company Orkla has agreed to acquire Dutch The European Candy Group for an enterprise value of 207 million euros, debt-free.
Procter & Gamble Reports Fiscal 2026 Growth Despite Challenging Trading Environment
Procter & Gamble reported higher fiscal 2026 sales and beauty growth despite a challenging economic environment, supported by innovation, pricing and continued investment in its...
Nestle CEO wants to reduce debt without selling L'Oréal
ZÜRICH (dpa-AFX) - Nestlé intends to reduce its debt through sales of peripheral activities and on its own, according to CEO Philipp Navratil. A sale of the...
Unilever moves towards staff agreement ahead of McCormick deal
A Unilever spokesperson said it has "agreed commitments in Europe regarding the protection of employees' terms and conditions and consultation timelines".
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