Deal or no deal
We look at the potential suitors when food manufacturers or retailers are up for sale - or put forward as possible takeover targets.
Blackstone Group and PAI Partners are progressing with plans to offload UK Jacob's-to-McVitie's manufacturer United Biscuits. The question on everyone's lips is whether the business will be floated or sold. Katy Askew reports.
Chiquita Brands International has rejected a takeover approach from Brazilian juice maker Cutrale Group and investment firm Safra Group in favour of a prior agreement to merge with Ireland's Fyffes. However, the share price reaction suggests investors are betting a higher offer will come in for the US produce group. Katy Askew reports.
The hunter became the hunted yesterday (27 May) as Pilgrim's Pride made a hostile bid for Hillshire Brands. The news comes just days after Hillshire announced its own plans to acquire a third US food group, Pinnacle Foods. Pilgrim's play for the maker of Jimmy Dean sausages leaves that deal looking shaky and has set the market alight with rumours that further takeover bids for Hillshire could follow. Katy Askew reports.
Rumour has it Unilever is looking to sell its Ragu pasta sauce brand, and though the Anglo-Dutch firm has taken a vow of silence over the whole issue, just-food's Hannah Abdulla weighs up a number of reasons why it could be looking to dispose of the brand.
The battle to acquire Warrnambool Cheese and Butter Factory has evolved into a complex series of tactical manoeuvres that could make Sun Tzu's The Art of War seem like light reading. Since the first takeover approach was announced, the tussle for WCB has seen industry majors Saputo, Murray Goulburn and Bega Cheese competing for ownership of the Australian dairy. With the stakes high, it is clear that it is all still to play for. Katy Askew reports.
In ten days time, Hong Kong retail-to-energy conglomerate Hutchison Whampoa will reportedly consider any offers that have come in for ParknShop, its supermarket chain. However, any interested parties need to consider the challenges facing ParknShop, operating in the saturated Hong Kong market and so far not enjoying significant inroads on the mainland.
Reports emerged earlier this month that US agribusiness giant Cargill is exploring the possibility of buying Archer Daniels Midland's (ADM) cocoa business. While not confirmed, such a purchase would create a global giant in the sector. Michelle Russell takes a closer look.
Del Monte Foods is said to be looking to offload its canned food business. Such a deal may not come as a surprise to industry observers given the increasing competition it faces in North America and its focus on pet food but Michelle Russell takes a look at why it might look to divest the unit and who might buy
Bernard Matthews Farms has admitted it may look for outside investment and 2 Sisters Food Group is reportedly considering a bid for the business. Industry watchers believe the UK food giant is the prime candidate to acquire the poultry processor. Michelle Russell reports.
Private-equity firm Langholm Capital was this week reported to have put UK crisp group Tyrrells on the market. Langholm has declined to comment on the reports but the investment firm are said to have put a GBP100m (US$151.9m) price tag on the company.
Dean Foods has formally given the green light for the spin-off of soy and organic business WhiteWave Foods - and analysts are setting out companies they believe could be interested in the Horizon Organic and Alpro owner.
The private-equity owners of Burton's Biscuit Co. are "considering options" for the UK's second-largest biscuit maker, a process that could lead to an eventual sale. Katy Askew takes a look at the players for whom an acquisition of Burton's could hit the sweet spot.
Flowers Foods showed its hand when it emerged as the "stalking horse" bidder for parts of Hostess Brands' bread business, notably the Wonder and Nature's Pride brands. While the deal is not yet in the bag, Flowers has clearly emerged as the front-runner to snap up a significant chunk of Hostess' bread interests. Katy Askew takes a look at the impact the potential acquisition could have on Flowers.
Consumer goods giant Unilever is "considering options" - including the potential sale - of its Skippy peanut butter brand in the US and Canada. The news has sparked fresh speculation that the group will ultimately sell off larger chunks of its food portfolio, which could lead to an eventual split. With Unilever insisting it "remains committed" to food, Katy Askew looks at the strategic rationale behind the possible sale.
Shares in Hillshire Brands, formerly part of Sara Lee, rose today (29 June) as the pure-play US meat company listed on the New York Stock Exchange. Michelle Russell takes a look at what lies ahead for the firm as analysts suggest it may become a takeover target.
- Focus: The impact of Heinz's stevia ketchup
- Focus: Gen Mills turns to M&A to bolster US ops
- Comment: Kingsmill "youth" appeal bodes well
- BRICs: How dairy deal bolsters Lactalis and BRF
- Viewpoint: US health food in play - at a price
- Arla joins race for Egypt's Arab Dairy
- Glanbia to buy US sports nutrition firm Isopure
- Mondelez pauses production at Cadbury Oz site
- Danone to close plant in Russia
- Burton's "eyeing" United Biscuits merger