US private equity firms Carlyle Group and CVC are among the bidders expressing interest in an auction for Pure Foods, according to reports.

The deal could fetch up to US$1bn for the unit of Philippine conglomerate San Miguel Corp, Reuters reported today (2 July).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Domestic food maker Universal Robina Corp is also understood to be bidding for the San Miguel unit.

Pure Foods could not be reached for comment.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now