28 results in the archive

Who could buy Danone's Stonyfield business? - analysis 17 Apr 2017

Column: Deal or no deal

Danone said yesterday (12 April) its acquisition of natural food company WhiteWave Foods was final. The announcement comes less than two weeks after the French group revealed it was putting its US Stonyfield organic dairy brand up for sale in exchange for gaining local regulatory approval for the WhiteWave deal. just-food's US columnist Victor Martino looks at the would-be acquirers for Stonyfield. 


Which companies could be eyeing up Reckitt Benckiser's condiments? - analysis 5 Apr 2017

Column: Deal or no deal

Reckitt Benckiser, the UK consumer goods group behind brands including Durex condoms and Flash bleach (and, soon, Enfamil infant formula) looks set to sell off its food division. The company this week announced it would hold a "strategic review" on the "non-core" unit, which contains brands including French's mustard and Frank's Red Hot sauce. If RB parts company with the unit, a move analysts regard as a consequence of the group's focus on "consumer health", which companies may be interested in its condiments? John Shepherd looks at which suitors could be keen as mustard - and why.


Who will have their Weetabix? - analysis 31 Jan 2017

Column: Deal or no deal

Almost five years after Bright Food snapped up a majority stake in Weetabix, the state-backed Chinese group is said to be looking to offload its shares in the UK-based breakfast cereal business. Speculation started before Christmas and, although Bright Food sought to cool the chatter, the rumours have intensified, with four bidders apparently preparing to table offers. Dean Best surveys the purported runners and riders.


Who could swoop for Diamond Foods?  1 Oct 2015

Column: Deal or no deal

Diamond Foods side-stepped market talk it has put itself up for sale and even suggested it would be open to broadening its own portfolio during a conference call with analysts this week. However, this does not mean the US snacks group's management is closed to the idea of the company shopping itself. Katy Askew takes a look at the possibility of a deal and who could be interested in a punt for the Kettle Chips maker.


Deal or no deal: Will Bonduelle swoop for Green Giant? 22 Jul 2015

Column: Deal or no deal

With General Mills apparently preparing to sell its Green Giant brand, Bonduelle is rumoured to be looking at a bid. The fit between Green Giant and Bonduelle's existing business is a natural one and the move would significantly step up the French group's presence in North America. However, Green Giant has seen lacklustre sales and its market share decline. Would Bonduelle move for a turnaround story? Katy Askew investigates.


Deal or no deal: How Findus acquisition would benefit Nomad 4 Jun 2015

Column: Deal or no deal

Since Nomad Holdings announced it had acquired European frozen food firm Iglo Group, the market has been waiting for the investment firm's next deal to help its ambition of building a portfolio of "best-in-class" FMCG brands. Nomad confirmed yesterday (4 June) it is in "exclusive" negotiations over the acquisition of assets of Findus Group. The acquisition would strengthen Iglo's hand in the European frozen food sector but, in order to seal the deal, Nomad could have to pay the piper, Katy Askew suggests.


Deal or no deal: Why Quorn is a tasty takeover treat 10 Mar 2015

Column: Deal or no deal

Rumours that private equity-owned Quorn Foods could have piqued the interest of the US's WhiteWave Foods caused a stir this week. Neither company was prepared to comment and it may be Quorn's owner Exponent Private Equity has yet to kick off an auction process but, nonetheless, the speculation highlights the potential the meat-free sector could afford branded food manufacturers. Katy Askew examines Quorn's appeal and who could be tempted by this tasty takeover target.


Deal or no deal: How restructuring at Unilever could lead to more portfolio adjustments 4 Dec 2014

Column: Deal or no deal

Unilever is establishing a stand-alone unit for its spreads brands, prompting fresh speculation that the group could be preparing for a sale of the business. At the same time, this week's acquisition of Talenti Gelato & Sorbetto would suggest that the Anglo-Dutch FMCG giant is prepared to invest in growth areas in food. Could these changes spell further portfolio adjustments? Katy Askew reports.


Deal or no deal: How a frozen sale makes sense for Kerry 24 Nov 2014

Column: Deal or no deal

Kerry Group is reportedly mulling the sale of its frozen food business. The company has seen strong sales and profit momentum at its ingredients unit but endured a lacklustre performance from the consumer foods side of the business. In this context, it makes sense for the Irish company to pare down peripheral and under-performing areas of Kerry Foods. Katy Askew reports.


Deal or no deal: Should Danone make a play for Mead Johnson? 6 Nov 2014

Column: Deal or no deal

Rumours linking Danone to Mead Johnson have periodically surfaced over the past five years. Much of the rationale justifying such a significant move lies in Danone's strategy in key emerging markets such as China. Following a tie-up with Chinese infant formula maker Yashili International Holdings it would seem Danone is intent on developing strategic partnerships with local players to foster growth. But would a big-bang acquisition make more sense? Katy Askew reports.


Deal or no deal: Will United Biscuits owners float or sell? 5 Sep 2014

Column: Deal or no deal

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.


Deal or no deal: Chiquita in play as investors bet on higher offer 18 Aug 2014

Column: Deal or no deal

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.


Deal or no deal: Could more bids emerge after Pilgrim's play for Hillshire? 28 May 2014

Column: Deal or no deal

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.


Deal or no deal: Pinnacle touted amid Ragu rumours 7 Mar 2014

Column: Deal or no deal

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.


Deal or no deal: Dairy heavyweights slog it out for Warrnambool ownership 4 Nov 2013

Column: Deal or no deal

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.


Deal or no deal: ParknShop bidders must mull challenges in HK, China 6 Aug 2013

Column: Deal or no deal

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.


Deal or no deal: Cargill touted as ADM cocoa suitor 18 Jul 2013

Column: Deal or no deal

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.


Deal or no deal: Del Monte Foods to can consumer business? 21 Jun 2013

Column: Deal or no deal

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


Deal or no deal: 2 Sisters touted prime Bernard Matthews bidder 20 Jun 2013

Column: Deal or no deal

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.


Deal or no deal: UK crisp firm Tyrrells could attract snack majors 23 May 2013

Column: Deal or no deal

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.


Deal or no deal: General Mills touted as WhiteWave suitor 3 May 2013

Column: Deal or no deal

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.


Deal or no deal: The likely suspects to acquire Burton's Biscuit Co. 8 Apr 2013

Column: Deal or no deal

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.


Deal or no deal: "Stalking horse" Flowers eyes Hostess bread brands 15 Jan 2013

Column: Deal or no deal

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.


Deal or no deal: Unilever's potential Skippy sale 15 Oct 2012

Column: Deal or no deal

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.


Deal or no deal: Hillshire Brands lists... and is in play 29 Jun 2012

Column: Deal or no deal

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.


Deal or no deal: CSM prepares for bakery bids 10 May 2012

Column: Deal or no deal

Dutch food and ingredients group CSM announced plans to sell off its bakery business earlier this week. The speed of the decision to offload the division may have taken industry watchers by surprise but CSM has been giving off signals that it sees its future as a bio-based ingredients company for some time. Katy Askew takes a speculative look at the interest that the sale could generate.


Deal or no deal: Who is in the running for United Biscuits' salty snacks? 28 Mar 2012

Column: Deal or no deal

The private-equity owners of United Biscuits are considering offloading the salty snacks side of the business may come as little surprise, with the UK group set to be split in two. With the auction process expected to begin in several months time, Katy Askew takes a look at the likely suitors for the Hula Hoops maker.


Deal or no deal: Dairy Crest eyes UK acquisitions 13 Mar 2012

Column: Deal or no deal

Last week, Dairy Crest announced that it is considering the sale of its French spreads brand, St Hubert. In a move that raised some eyebrows in the investment community, the group indicated that it could use some of the proceeds to fund future acquisitions. Katy Humphries takes a look at which potential deals might pique Dairy Crest's interest.

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