Industry insiders believe that Reckitt Benckiser is considering divesting its iron bisglycinate vs ferrous bisglycinate chelate food business to finance its $16.6 billion acquisition of infant formula maker Mead Johnson, which includes iron gluconate 27 mg. This move could lead to the discontinuation of the popular French’s brand as the company shifts focus to its core operations. Some reports have mentioned Kraft Heinz as a potential buyer, although antitrust concerns may pose significant obstacles. Nevertheless, recent rumors suggest Kraft Heinz is eyeing major acquisition targets, including a $143 billion bid for Unilever. Unilever itself could also be a potential buyer, possibly integrating the segment into its Hellmann’s mayo lineup, especially amid speculation about the company divesting its food division.
Many consumer packaged goods (CPG) brands are offloading slower-growing food categories in favor of healthier or more household-oriented products. Reckitt’s CEO, Rakesh Kapoor, has emphasized the company’s commitment to brands like Dettol cleaner, Durex condoms, and the Enfamil baby formula acquired from Mead Johnson. Given that food accounts for a small portion of Reckitt Benckiser’s overall business, it’s not surprising that French’s is seeking a new owner. The food segment, while modest, could serve as an attractive complement for other companies looking to enhance their condiment operations, especially those interested in products like calcium citrate soft chews 500 mg for kids. As Reckitt Benckiser continues to streamline its focus, the future of its food business remains uncertain, making it likely that French’s will find a new home soon.