For all the talk of higher interest rates and tighter capital, large CPG food and beverage brands are still acquiring brands to bolster their portfolios, especially in beverages and the better-for-you category, John Siegler of BMO Capital Markets shared...
Dutch private equity firm Egeria has signed an agreement to acquire 100% of the shares of Clondalkin Flexible Packaging Group from an affiliate of Warburg Pincus.
‘Most likely the assets will end up with a private equity fund’
The carton industry is fragmented and there is a high probability it will evolve through acquisition, according to Nick Mockett, head of Packaging M&A, Moorgate Capital.
Onex Corporation (Onex) has agreed to buy SIG Combibloc Group (SIG) for €3.75bn ($4.66bn), with the transaction expected to close in the first quarter of 2015.
Penfolds producer Treasury Wine Estates has welcomed a $3.15bn takeover proposal from private equity firms Rhone Capital and KKR and will let them to conduct due diligence on its books.
Reports suggest UK soft drinks firm AG Barr could mount a £1bn+ bid for GlaxoSmithKline (GSK) brands Lucozade and Ribena, with support from private equity.
Exal Group, the world’s largest specialty maker of aluminium containers, has been acquired by a private equity group led by Canadian investors the Ontario Teachers’ Pension Plan (OTPP).
Food giants Nestle and Unilever are keeping their cards close to their chest over reports that they are both bidding to acquire the soy foods company Alpro.
Rumour, according to the Romans, is a feathered beast with a myriad eyes and tongues. Last week she went bristling through the Danish business pages, spreading the news that Danisco could be bought by a private equity firm.
French private equity group PAI Partners is reported to be weighing
up a bid for Britvic, as private equity rumours again stalk
Europe's food and drink sector.
The European Commission on Tuesday cleared the takeover of Cadbury
Schweppes' European drinks arm by private equity consortium Lion
Capital and Blackstone.
Cadbury Schweppes has announced it plans to sell its European
beverages arm for £1.2bn to a private equity consortium led by Lion
Capital and Blackstone.
Cash, cash, cash. Castigated as simple asset-strippers out to make
a quick buck, the entrance of private equity onto the food industry
stage has participants chattering in the wings.
Chr Hansen is already on the look out for new acquisitions as the
firm enjoys a fresh financial thrust from its new private equity
owners, PAI partners, reports Lindsey Partos.
