Brazilian investment firm 3G Capital Partners is looking at acquiring new food and beverage firms, after investors pledged about $5bn to form a new takeover fund.
The company is discussing the possibility of acquiring $14bn worth Campbell Soup or PepsiCo that has a stock-market value of $140bn, The Wall Street Journal reported.
PepsiCo deal is estimated to be four times as large as Heinz and Tim Hortons combined, due to which 3G might pursue only pieces of PepsiCo or collaborate with brewing firm Anheuser-Busch InBev.
3G may also consider the acquisition of Kellogg and Kraft Foods, each of which have a stock-market value of around $20bn.
However, all the proposed deals are not certain to take place.
Burger King, which was 70% owned by 3G, acquired Canadian coffee and doughnut chain Tim Hortons in a deal worth $11.53bn.
In 2013, Warren Buffett's Berkshire Hathaway offered $12bn toward a $23bn deal, under which 3G secured control of ketchup maker Heinz.
Image: 3G Capital Partners is considering to acquire food and beverage firms. Photo: courtesy of amenic181 / freedigitalphotos.net.
