KRAFT TO SELL NONCORE PRODUCT LINES
nnounced it had agreed to sell various grocery assets to a new company to be named CanGro Foods, led by two private equity groups. The products include Aylmer, Primo and Ideal brand foods and have an estimated 2005 revenue of $260 million. Kraft plans to shed those assets, as well as five manufacturing plants, as part of its sustainable growth plan.
FDA ALLOWS BARLEY HEALTH CLAIM
ROCKVILLE, Md. - Products containing barley may