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Goya considering sale?

Latin food leader may be weighing options

Goya Foods logo
Goya Foods logo

According to CNBC, Goya has hired Goldman Sachs to weigh its options for the future of the business, including a possible $3 billion sale. So far, CNBC says, the investment bank has sent financial materials to private equity firms and contacted potential corporate acquirers, with an early June deadline for initial bids.

Special Report: Essential tools for effective sanitation
Today’s food processors are faced with an ongoing labor shortage and pressure to increase production to meet market demands. That means less downtime for cleaning while adhering to strict food safety guidelines. How can a manufacturer overcome these hurdles to stay profitable?
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Special Report: Essential tools for effective sanitation