Unilever‘s US salad dressings business, Wish-Bone, has reportedly attracted interest from food firms B&G Foods and Pinnacle Foods.
Last Friday, The Wall Street Journal reported that Unilever had hired Goldman Sachs to find a buyer for the unit. Unilever, however, has declined to comment.
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According to a Reuters report yesterday, B&G Foods and Pinnacle Foods are eyeing the business, which, it said, could fetch US$400m to $500m in a sale. Sources told the publication that food companies, including breakfast cereal group Post Holdings and sauces and dressings owner Clorox, have passed on the deal.
When contacted by just-food, B&G Foods declined to comment on whether it was interested in acquiring the unit.
Pinnacle Foods said: “As a matter of policy, we do not comment on market speculation or rumours.”
Unilever acquired the Wish-Bone brand through its acquisition of Lipton. The range includes around 20 brands of seasonings, dressings and marinades.
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