Flora Food Group sale could spread $10bn KKR’s way

Reports suggest KKR is exploring a sale of Flora Food Group, the owner of Flora, Becel, I Can’t Believe It’s Not Butter, Violife, Elmlea and Bertolli. The move comes as the plant-based dairy market struggles, Flora Food Group’s revenues fall, and major food companies continue to reshape their portfolios through disposals, spin-offs and joint ventures.