Blog: Private equity shows faith in food
Dean Best | 29 April 2008
The Mars / Wrigley deal demonstrated that there is some life in the financial markets yet.
And, here in the UK, there has been a sign that, despite a positive lack of serious M&A this year, there are some who have great confidence in the potential of small, high-growth businesses in the food industry.
Langholm Capital, the private equity fund, has followed its acquisition, ownership and sale of burgeoning cereals business Dorset Cereals with the purchase of another thriving niche firm, Tyrrells Crisps.
just-food interviewed Langholm principal Oliver Wyncoll last week and he told us that growing demand for natural food and for heritage and provenance has been a key factor in his firm’s investments.
Private equity has got something of a bad press in recent months with some firms seen as asset-stripping predators out to make a quick return without putting up any significant investment.
Langholm, however, believes its backers – Rabobank and Unilever – show that it is part of a different breed.
It’s apparently successful model for building niche brands appears to back its argument.
Today (23 December) is just-food's last day before closing for Christmas. We'll return, raring to go on Tuesday 3 January - but of course there's been plenty of top-notch content that has gone live in...
The plethora of food manufacturing associations in the UK has been argued by some to be an impediment to the industry coming to a coherent position on the aftermath of Brexit and on what the sector sh...
An update on Amazon's plans for the grocery sector. The usually reticent retailer has this week poured cold water on claims it has plans for 2,000 physical grocery stores....
- just-food 2017 Survey - your thoughts on growth
- 2017 - what will shape the UK food sector?
- Food market in 2017: big foodservice trends
- Could BRF's Turkey move pave way for OneFoods IPO?
- Food market in 2017: need-to-know US trends
- Ferrero insists Nutella not pulled from shelves
- UK's Bakkavor plays down IPO "speculation"
- PepsiCo launches Walkers Mediterranean in UK
- Mondelez plans "selective" UK price hikes
- Kellogg names Fareed Khan as incoming CFO