US: Plum eyes international growth after UK acquisition
By Katy Askew | 25 January 2013
 |
Plum eyes global growth |
Plum Organics plans to expand its business further in international markets following yesterday's (24 January) acquisition of UK baby food group Plum UK.
Speaking to just-food, Plum Organics CEO Neil Grimmer revealed that the company is eyeing further growth outside the US and UK markets.
"We don't think healthy food for kids is an idea that is exclusive to the UK or US. We think that is an idea that has global appeal for parents everywhere," he commented.
Plum UK CEO Scott Wootherspoon added: "There are plans to expand in other markets. It is a bit early to say what they are, but this is a significant opportunity all over the world. We will be going into new markets at the right time."
For more detail on how Plum plans to grow its baby food brand, click here for just-food's interview with Wootherspoon and Grimmer.
Sectors: Baby food, Mergers & acquisitions
View next/previous articles
Currently reading -
US: Plum eyes international growth after UK acquisition
25 Jan 2013 -
Read more on this hot issue
Plum merger sets stage for growth
The acquisition of Plum UK by US-based Plum Organics has set the stage for significant growth, UK and US CEOs Scott Wotherspoon and Neil Grimmer suggest. The newly formed Ango-American baby food group plans to expand by growing market share and - somewhere down the line - entering new markets.
There are currently no comments on this article
Be the first to comment on this article