Canadian private equity fund Onex has agreed to acquire Switzerland-based juice-box maker SIG Combibloc Group for around €3.75bn ($4.66bn). Out of the agreed amount, Onex will pay €3.575bn ($4.44bn) at the closing of the ...
Tags: juice-box maker, Combibloc, Agriculture
Three buyout groups - BC Partners, Onex and Partners Group - will bid for Switzerland-based carton manufacturer SIG Combibloc which is owned by New Zealand’s Reynolds. SIG was acquired by New Zealand-based businessman Graeme Hart ...
Wild Flavors is reportedly geared up for sale in a deal that could value the ingredients firm at €1.5bn. Information packages to pre-selected bidders are expected to be sent later this month by Citigroup, which is managing the sale ...
Tags: Flavors Firm, Information packages
The CEO of Iglo Group, Martin Glenn, has announced his intention to step down after six years at the helm. jGlenn, who has led the business since the Permira-backed buyout in 2006, will remain as an investor in the business and stay on ...
Tags: CEO, Iglo Group, Martin Glenn, helm
Grocers undoubtedly felt the economic pressures in 2012 with discounters enjoying buoyant growth as a result of an increase in value-seeking consumers. Shoppers' focus on value led to rising online sales and further investment in the ...
Tags: economic pressures, buoyant growth, value-seeking consumers
Wal-Mart Stores is reportedly in talks to buy Turkish retailer Migros Ticaret from UK private-equity firm BC Partners. Reports in London today (13 December) claimed the world's largest retailer was in discussions with the buy-out house, ...
Tags: WalMart Stores, Migros Ticaret, BC Partners
Carrefour is reportedly in talks to combine its venture in Turkey with local rival Migros Ticaret. Bloomberg Friday (28 September) reported Carrefour and Migros were in "early" talks over a possible combination of the two businesses. ...
Tags: venture, stock exchange, local venture
Private equity firms Blackstone and BC Partners are planning to submit a revised offer for frozen food company Iglo, after Permira rejected their earlier EUR2.5bn bid as too low. Blackstone and BC Partners, which are the last remaining ...
Tags: Blackstone, frozen food company, the biggest private equity transactions
Private equity firms Blackstone and BC Partners are set to submit a joint bid for frozen food company Iglo, in a deal which is expected to value the company at $3bn, including debt. The two firms, which were earlier competing with each ...
Tags: frozen food company, Blackstone, pea, poultry and potato waffle products
UK-based private equity firm Permira has hired banks to provide additional debt for its frozen food company Iglo,which owns the Birds Eye brand. Credit Suisse,HSBC,Nomura and UBS will be managing the Iglo transaction,under which€250m ...
Tags: debt, frozen food, banks
Private equity firm Permira has cancelled its plans to both refinance and sell the frozen food company Iglo. Permira had planned a dividend recapitalization with Credit Suisse and Deutsche Bank and was expecting to raise ...