Two private-equity firms are reportedly teaming up with buy-out house KKR in its bid for US food group Del Monte Foods.
Vester Capital Partners and a fund run by a partner at Centerview Partners are joining KKR’s reported move for Del Monte, Reuters and Bloomberg have reported.
Go deeper with GlobalData
According to Bloomberg, Vestar and the Centerview fund, which is run by former Gillette CEO James Kilts, would make “significantly smaller” equity investments in Del Monte than KKR.
A deal could be announced in days, a source told Reuters.
Last week, Centerview announced the acquisition of US pizza manufacturer Richelieu Foods.
See Also:
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
