Brakes

Nestle is in talks to sell its frozen food unit Davigel to food service operator Brakes Group as part of an effort to streamline its portfolio, according to an article in Reuters. Brakes, which is owned by Bain Capital, already has businesses such as Freshfayre and M&J Seafood within its portfolio, and it is said that a deal to acquire Davigel would enable the company to extend its presence in …