Hillshire Brands to snap up fellow US group Pinnacle Foods Archives - Just Food
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Hillshire Brands to snap up fellow US group Pinnacle Foods

Editor’s viewpoint: Consolidation in sluggish US

In the US, a market where volume sales have been and remain under pressure, it has been expected in certain quarters that boardrooms would increasingly run the rule over potential acquisitions. Hillshire Brands executives have...

In the spotlight: Hillshire diversifies with Pinnacle deal

In the spotlight: Hillshire diversifies with Pinnacle deal

Hillshire Brands has unveiled plans to acquire US peer Pinnacle Foods in a cash-and-shares deal worth US$6.6bn. The company argues the deal will bring operational benefits, competitive advantages and cross-selling opportunities. However, the high level of debt Hillshire will take on may raise some eyebrows. Katy Askew reports.