Cargill acquires Unilever's shelf-stable tomato sauce and paste business in Brazil

Cargill has signed an agreement to acquire Unilever's tomato products business in Brazil for approximately R$ 600 million. The acquisition brings to Cargill a number of market-leading consumer brands, including Pomarola and Tarantella brand tomato sauce, Elefante and Extratomato brand tomato paste, and Pomodoro brand tomato pulp. Unilever will continue to market tomato products to the food service segment under these brands.