22 October 2020
Private equity firm looks to sell Kettle for $700 million: reports
Lion Capital, a consumer-brands focussed private equity firm based in the UK, is looking to sell the Kettle Foods brand, according to reports.
Reuters said sources close to the situation had informed them that Lion was looking for around US$700 million for the potato chip company.
The private equity firm has reportedly enlisted the services of investment bank Rothschild to help sell Kettle, with PepsiCo’s Frito-Lay and pretzel maker Snyder’s listed by the Wall Street Journal as two of the more likely bidders.
The Kettle brand in Australia is owned by Snack Brands Australia.
US’ Amplify acquires popular Australian-sold Tyrell’s Crisps
US snack giant, Amplify, has acquired chip manufacturer, Tyrell’s.
US snack giant, Amplify, has acquired chip manufacturer, Tyrell’s.
Unilever wrapper-less lollies to reduce plastics use in UK
Solero ice lollies will be sold without wrappers during a trial aimed at helping cut down on single...
Solero ice lollies will be sold without wrappers during a trial aimed at helping cut down on single...
Health Star Rating - a five year review has been conducted by the Aus-NZ Ministerial Forum
The Australia and New Zealand Ministerial Forum on Food Regulation (the Forum) met on 16 Augus...
The Australia and New Zealand Ministerial Forum on Food Regulation (the Forum) met on 16 Augus...
Will low-calorie sweeteners now look like meringues?
An Israeli company is launching a new ‘3D sweetener’ which can be either added to hot beverages or e...
An Israeli company is launching a new ‘3D sweetener’ which can be either added to hot beverages or e...
Arbitration tribunal awards Danone damages over 2013 Fonterra recall advice
An arbitration between Fonterra and Danone over a 2013 recall has awarded Danone the equivalent of A...
An arbitration between Fonterra and Danone over a 2013 recall has awarded Danone the equivalent of A...
TPP downfall will hit Australian sugar
US President-Elect, Donald Trump, has announced America will leave the Trans-Pacific Partnership (TP...
US President-Elect, Donald Trump, has announced America will leave the Trans-Pacific Partnership (TP...
Pepsi US to bring back aspartame as sweetener
Pepsi in the US has decided to re-introduce aspartame sweetened soft drink after axing it a year ago...
Pepsi in the US has decided to re-introduce aspartame sweetened soft drink after axing it a year ago...
McDonald’s set science based greenhouse gas reeducation target
McDonald’s has become the first restaurant company to set approved science based targets to reduce i...
McDonald’s has become the first restaurant company to set approved science based targets to reduce i...