Blog: Dean BestJohn West, Rachel's Organic join M&A merry-go-round

Dean Best | 28 July 2010

The M&A merry-go-round continues to spin with two more notable deals involving some household brands.

This morning (28 July), private-equity firm Trilantic Capital agreed to sell MWBrands, the owner of brands including John West tuna, to Thai Union Frozen Products (TUF) for EUR680m.

The deal, once it closes, will see TUF become one of the world's largest seafood processors and have a larger presence in Europe. The region will now account for 30% of sales, rather than just 11%.

A few hours later, US dairy giant Dean Foods confirmed to just-food that it had agreed to offload Rachel's Organic, the UK organic dairy business.

Lactalis, one of Europe's largest dairy processors, will be Rachel's new owner, adding the brand to a stable that includes Seriously in the UK and global labels like President and Galbani.


BLOG

Consumers are cooking for social media - and how brands can capitalise

We hear a lot in the food industry about two interconnected trends: and social media and “foodie” culture....

BLOG

Nestle announces changes to senior team with new CEO on horizon

Nestle, set to welcome a new CEO on 1 January, has announced more changes to the make-up of its senior management team....

BLOG

Blue Bell Creameries involved in another safety scare

Blue Bell Creameries is trying to win back the trust of consumers after a fatal listeriosis outbreak last year was linked to its products - but in recent days the US ice cream maker has issued another...

BLOG

Hain Celestial's Orchard House deal waved through

The UK's competition regulator has given the all-clear to Hain Celestial's bid to buy UK food and beverage group Orchard House Foods, nine months after the US group announced the deal....

just-food homepage



Forgot your password?