Industries: Food

Private Equity Brews Another Big Investment

Private Equity Brews Another Big Investment

TSG Consumer Partners announced it has bought a stake in a UK craft beer company. The deal leaves the US private equity firm with a 22.3% stake in BrewDog, with the brewer already considering an initial public offering.   The deal's finer details   BrewDog started in 2007 when founders James Watt and Martin Dickie began their venture in the [...]

Private Equity Firm 3G’s Big Takeover Plans Scrapped

Private Equity Firm 3G’s Big Takeover Plans ...

3G plans of a major takeover have ended, as the firm announces it won’t continue pursuing food giant Unilever. The Brazilian private equity firm had been part of Kraft Heinz Co’s plan to purchase the US food giant for an estimated $143 billion. But the surprise offer did not manage to excite the Unilever ownership. However, the breakdown of the [...]

CHAMP Private Equity Makes a Six-Fold Return

CHAMP Private Equity Makes a Six-Fold Return

Private equity firm CHAMP Private Equity can pop out the champagne, as the firm just recorded a near six-fold return from its investment. The firm made the profit on the sale of Accolade Wines share in Matthew Clark, UK’s biggest drinks distributor to pubs.   The Deal   Accolade Wines sold its 50% stake in Matthew Clark to Conviviality Retail. [...]

Bridgepoint Looking to Boost Pret-a-Manger’s Profits Pre-IPO

Bridgepoint Looking to Boost Pret-a-Manger’s ...

  The British sandwich and coffee chain, Pret-a-Manger might be looking to list next year. The private equity owners of the chain are hoping to improve the company’s fortunes before listing and are even considering a US-listing, according to latest reports.   The Listing Rumours   Pret-a-Manger or Pret, as the company is nicknamed, is considering a 2016 initial public [...]

Why Cerberus Won’t Cash Out Yet Despite Albertson’s IPO

Why Cerberus Won’t Cash Out Yet Despite ...

  America’s second largest grocery store chain has announced its plans for initial public offering (IPO). According to the reports, its private equity owner might be on the verge of a huge pay-out, but the firm might not cash out of the venture just yet.   The IPO Plans   The company filed for the IPO after it merged with [...]

Private Equity Firm to Retain Stake in Costa Group After IPO

Private Equity Firm to Retain Stake in Costa Group ...

  Fruit and vegetable group and supplier, Costa Group, is heading towards an initial public offering within the next month. The company, which is Australia’s biggest in the sector, is expected to offer around 60% of its shares as part of the listing. Private equity firm Paine & Partners is reportedly going to hold on to a 20% stake in [...]

Quote of the Week: Outmaneuvering Strategics in Food & Consumer Investing

Quote of the Week: Outmaneuvering Strategics in Food...

Strategic buyers have always dominated food and consumer industry M&A. If you go back a decade, they do anywhere from eighty nine to ninety percent of the deals, and last year they were 91%. So we always saw strategic corporate buyers as our primary competition and we focus on finding ways to outmaneuver them or compete with them … Who [...]

Farming as the Next Big Thing?

Farming as the Next Big Thing?

Likening investment in farmland to buying gold, institutional investors and hedge funds, even private equity, are eyeing agricultural land in the hopes of generating returns. It is hard to imagine that farming can generate the kind of returns PE normally requires, but CNBC is running a report with that idea as a headline. Aggregation and Internet mediation underlie some of [...]

Private Equity Firms Looking at Fresh Food Company Bakkavor

Private Equity Firms Looking at Fresh Food Company ...

Reports over the weekend suggest some of Europe’s top private equity firms are circling over the fresh food giant Bakkavor. The UK supplier of fresh prepared foods has previously announced it is looking to sell a set of shares in its business and the deal might be an interesting opportunity for private equity firms.   The Reports Sky News reported [...]

Private Equity Targeting Ukrainian Farms

Private Equity Targeting Ukrainian Farms

The Ukrainian crisis has long troubled the world’s market and private equity activity has slowed down, especially in Russia, as a result. But it looks like Ukrainian farms might emerge from the troubles as winners, as private equity firms are going after them as a lucrative investment opportunity. But the conflict continues to cast a shadow over the region, especially [...]

Against All Odds: Warren Buffett Teaming Up with Private Equity Firm

Against All Odds: Warren Buffett Teaming Up with ...

One of the world’s most iconic investors, Warren Buffett, is teaming up with private equity firm 3G Capital Partners. Buffett’s firm, Berkshire Hathaway is combining efforts to merge the iconic Heinz and Kraft food companies in one of the biggest deals of the year. The joint venture comes despite the investor being a vocal critic of the private equity industry. [...]

Private Equity Firms Trying to Woo Sir Keith Mills for Tesco Bid

Private Equity Firms Trying to Woo Sir Keith Mills ...

Many private equity firms are said to be after the entrepreneur, sir Keith Mills, as firms are looking to bid for Tesco’s customer data unit, Dunnhumby. The firms believe the successful entrepreneur could help them win the fight against the US-based buyout firm, Clayton, Dubilier & Rice.   Successful Entrepreneur Sir Keith Mills is a successful British entrepreneur, whose biggest [...]

Private Equity Groups Sell United Biscuit to Turkish Yildiz

Private Equity Groups Sell United Biscuit to Turkish...

Private equity companies Blackstone and PAI Partners have sealed a deal with Turkish food group Yildiz for the UK company United Biscuit. Its private equity owners put the company, which is behind Jaffa Cakes and McVitie’s, on sale earlier and now have reportedly closed the deal for £2 billion.   United Biscuits is one of Britain’s largest cookie and cracker [...]

Israel’s Tnuva Food Industries Subject of Chinese Interest

Israel’s Tnuva Food Industries Subject of Chinese ...

The Private Equity News website has reported on the morning of Thursday 1st May that Tnuva Food Industries, Israel’s biggest food producer, is in advanced talks with Bright Food Group, a Chinese state owned and Shanghai headquartered food and beverage company, over the sale of a controlling stake in the business.   The website reports that Apax Partners, the London [...]

TPG Capital Makes $750million Investment in NY Yoghurt Firm

TPG Capital Makes $750million Investment in NY ...

Syracuse.com have reported that Fort Worth, Texas headquartered TPG Capital are to make a $750million investment into New York based Chobani, the United States’ market leader in the fast growing Greek yoghurt market. Chobani had recently announced a series of ambitious expansion plans. The main basis of these plans was:     • To expand their market exposure to capitalise [...]