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Unilever Explores Sale of Food Division Amid Industry Shift
By Eliza Galeana - Tue, 03/24/2026 - 05:40
Unilever is in talks to sell its food business to McCormick as part of a strategy to focus on higher-growth categories like beauty and personal care.
https://mexicobusiness.news/tag/divestment
More Agribusiness & Food
COFECE Proposes Divestment of Gruma Plants to Boost Competition
By Eliza Galeana - Mon, 10/14/2024 - 12:49
Gruma may have to sell five plants following COFECE's ruling to increase competition and lower prices in the corn flour market.

FEMSA to Sell Imbera and Torrey for MX$8 Billion
By Eliza Galeana - Mon, 07/22/2024 - 07:00
FEMSA announced the sale of its Imbera and Torrey operations to Mill Point Capital for MX$8 billion to focus on its core business areas.

Adidas Sells Reebok at a Loss
By Cinthya Alaniz Salazar - Mon, 08/16/2021 - 11:30
Adidas will be divesting Reebok to US conglomerate Authentic Brands Group for US$2.4 billion, down US$1.3 billion from its original purchase price.