Irish food giant the Kerry Group told just-food that it is unwilling to comment on rumours that it is preparing a EUR1.75bn (US$2.23bn) bid for Unilever’s Birds Eye frozen food business.
According to reports in the Irish press, two private equity firms are backing the food group’s planned bid.
It has been suggested that Kerry will be up against at least three other bidders hoping to secure the iconic frozen food brand, including private equity group CapVest, who own Findus.
Were the acquisition sucessful, it would greatly expand Kerry’s presence in the frozen food sector.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData