The addition of the Russell Stover and Whitman's brands are expected to perfectly complement Lindt & Sprngli's existing chocolate portfolio and make the company the No. 3 North American chocolate manufacturer.
The transaction includes the Slim-Fast trademark and the global Slim-Fast business portfolio. Slim-Fast is sold throughout North America and in the United Kingdom and Ireland.
Galderma, with approximately 5,000 employees and a presence in 80 countries, will henceforth operate as the pharmaceutical arm of Nestl Skin Health S.A.
For the first time ever, Walmart opened its doors to more than 500 manufacturers at its world headquarters during the companys first-ever Made in the USA open call.
The acquisition valued at $860 million is expected to position TreeHouse as the private label leader in the on-trend and high growth healthy snacks sector.