Paulig to sell Gold&Green brand, intellectual property, and R&D function to Valio
Paulig, the international, family-owned food and beverage company plans to exit the Gold&Green plant-based protein business to focus on driving growth in its main product categories Tex Mex, Coffee, Spices and Snacks. Paulig has entered into an agreement to sell its Gold&Green brand, intellectual property and R&D function to the Finnish dairy and food company Valio. Paulig is initiating a plan to phase out the rest of the Gold&Green Foods operations which are excluded from the transaction and Gold&Green Foods will start co-operation negotiations with its employees.Gold&Green Foods, known