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Spanish operation sold

This article was originally published in Foodnews

KRAFT is selling its Spanish canning and juice division to Nuevo Rumasa for an undisclosed sum. The deal will include the plants in Merida, Don Benito and Montijo and the company Carcesa that processes, among other products, tomato and vegetable juices. Nueva Rumasa, which is keeping on all 300 Kraft employees, will strengthen the Apis processed tomato line and the juice division of the group, through the Fruco and other new brands.

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