Mergers & Acquisitions

In addition to making a significant move in its international expansion strategy with the lease of its first R&D center outside the U.S., the plant-based food company made several key leadership hires.

Founded by Benoit Pagotto, Chris Le and Steven Vasilev, RTFKT (pronounced “artifact”) leverages blockchain and augmented reality to create digital sneakers and other artifacts for the metaverse.

L’Oréal expects the brand to record more than $50 million in sales this year.

The Kraft Heinz Company is combining its U.S. and Canada businesses, marking the next step in the company’s turnaround strategy.

P&G is growing its beauty and haircare reach, co-launching a new skincare brand with international health and beauty retail giant A.S. Watson Group and signing an agreement to acquire Ouai.

John Church will retire as General Mills’ chief transformation and enterprise services officer on Jan. 31, 2022.

Reginaldo Ecclissato will become chief supply chain officer at Unilever, succeeding the retiring Marc Engel.

Church & Dwight will acquire the TheraBreath mouthwash brand in $580 million cash deal.