Flora Food Group Owner KKR to Kick Off €7bn Auction
10 Articles
10 Articles
Reformatorisch Dagblad
American investor KKR is putting Flora Food Group, the Dutch food company behind brands such as Becel, Blue Band, and Bertolli, up for sale in the coming weeks. This is reported by Sky News, without citing sources.
Sky News UK
Flora Food Group owner KKR to kick off €7bn auction
Private equity firms have begun circling the maker of I Can't Believe It's Not Butter as its long-standing owner kicks off an auction which could value it at about €7bn (£6bn).
Several venture capital firms, such as Platinum Equity and One Rock, would be interested in acquiring the product group to spread.
KKR is preparing to sell Flora Food Group, a manufacturer of popular spread brands, including I Can't Believe It's Not Butter. Sky News has reported that the transaction could be valued at around €7 billion. Private equity firms are reportedly interested in the asset.
Owner Of Spreads Giant Set To Launch €7bn Auction
KKR is preparing to launch a sale process for Flora Food Group, the owner of brands including I Can’t Believe It’s Not Butter and Bertolli, in a deal that could value the business at around €7bn (£6bn). A report by (more…) The post Owner Of Spreads Giant Set To Launch €7bn Auction appeared first on KamCity.
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