Henkel is selling its retailer brands business in North America, which includes detergent, fabric finisher and dishwashing categories, as part of its larger portfolio optimization strategy.
Southern Glazer’s Wine & Spirits is expanding its distribution network with the acquisition of Horizon Beverage Group, a New England-based alcohol distribution company across the wine, spirits, and beer categories.
Two brands, Constellation Brands and J.M. Smucker, are joining the recent jump in M&A activity within the CPG space, slimming portfolios to cut back on costs and focus on more profitable opportunities.