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Article: Food and beverage company Kraft Foods Inc. said it will sell its fruit snacks operation to Kellogg Co. for about $30 million deal to focus more on core business lines.(Brief Article)
- Article from:
- Food & Drink Weekly
- Article date:
- April 18, 2005
CopyrightCOPYRIGHT 2005 Informa Economics, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Food and beverage company Kraft Foods Inc. said it will sell its fruit snacks operation to Kellogg Co. for about $30 million deal to focus more on core business lines. The deal includes Kraft's Nabisco fruit snacks manufacturing plant in Chicago and virtually all the facility's 400 employees. Kellogg said it also acquired the ...
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Article: Kraft Foods.(INDUSTRY UPDATE)(Brief Article)
Food Engineering & Ingredients;
June 1, 2005 ;
577 words
...KRAFT FOODS has agreed to divest its fruit snacks operation to the Kellogg Company, for around US$30 million. The business in question generated net revenues of approximately US$ 80 million in 2004.
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