Topics: Buyouts

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 [...]

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 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 [...]

This Week’s $1.3 Billion Sweetspot

This Week’s $1.3 Billion Sweetspot

Two deals are tied for this week’s private equity buyout of the week spotlight. They are both USD 1.3 billion transactions, making that a sweetspot for buyouts. All the big names in PE are in the running to acquire a Tyco security division based in South Korea, called Caps Co. It is a regular auction with Kohlberg Kravis Roberts & [...]

Rumored PE Interest Mega Deal for Grocery Stores

Rumored PE Interest Mega Deal for Grocery Stores

A Reuters report sparked the rumor that grocery retail chain, Safeway, may be the target of PE buyout funds. In an exclusive report it cited undisclosed sources who said that a “handful” of buyout firms, including Cerberus Capital Management, are exploring a deal for all or part of supermarket chain.   If it goes through the deal could shape up [...]

Billion Dollar Dole Buyout in the Works

Billion Dollar Dole Buyout in the Works

This week’s deal of the week comes from Reuters, which says that 90 year old David H. Murdock, the CEO and currently largest shareholder of Dole Food Co., has made an offer to take private the world’s largest fresh produce company in a USD 1.1 billion deal.   It is not the first time Murdoch has stepped in to acquire [...]

Big Buyouts Bidding Wars

Big Buyouts Bidding Wars

This week’s largest deal looks to be a second PE bid for frozen foods maker Iglo Group. According to Reuters, Blackstone and BC Partners are working on a higher offer after Permira rejected their recent EUR 2.5 billion bid. In the meantime, the price for Quest has gone up to USD 2.32 billion. We reported it as last week’s deal [...]

Big Deals: Sweden’s Bravida and UK’s Iglo Attract PE Bids

Big Deals: Sweden’s Bravida and UK’s Iglo ...

Four private equity firms are bidding to buy Sweden’s Bravida, worth around USD1 billion, according to Reuters. The PE players involved are EQT, Apax Partners, Bain Capital and PAI Partners. It is currently owned by another PE fund, Triton.   Yet another Northern European transaction is in the news due to buyout fund interest. UK-based Iglo is putting together a [...]

CVC in billion Dollar Malaysian Fast Food deal

CVC in billion Dollar Malaysian Fast Food deal

Reuters is reporting that London based CVC Capital Partners Ltd and the Johor state-backed fund of Malaysia have offered USD 1.65 billion to acquire fastfood companies KFC Holdings Bhd and QSR Brands Bhd. Reuters say that this could be the largest foreign private equity linked deal in the country.   The latest offer for the assets is CVC's second attempt [...]