Mondelez International will acquire a significant majority interest in high-protein bar brand Grenade as the company continues to move into healthier snack categories.
Yellow Wood will combine its non-Americas brand with Dr. Scholl’s to create a global footcare portfolio expected to generate over $700M in annual retail sales.
Nestlé S.A. will sell its North American spring water brands, purified water business and beverage delivery service to the One Rock Capital Partners and Metropoulos & Co. private equity firms.
The Planters snack nut portfolio net sales were approximately $1 billion in calendar year 2020 and are expected to grow at the company's long-term organic growth target.