Magazine article from our research archive:

Private equity losing out to trade buyers.(news)(Tayto Golden Wonder acquires Red Mill Snack Foods Ltd.)(Brief article)

[ILLUSTRATION OMITTED]

The acquisition of Red Mill Snacks by Tayto Golden Wonder is the latest sign that private equity groups are losing out to food manufacturers in acquiring smaller businesses, said a leading mergers expert.

Birmingham-based Red Mill--a supplier of value own-label snacks, Mr Porky's pork scratchings and Transform-A-Snacks--was bought for an undisclosed sum by Tayto this week.

Simon Peacock, who advised shareholders in Red Mill owner CF Holdings, said trade buyers were currently better placed than private equity groups to buy food companies. "Trade buyers can extract significant synergies through acquiring competitors in related sectors," said ...

Related newspaper, magazine, and journal articles:

See all results. Or, try our Advanced Search.

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 60 million articles! Access over 3,500 publications with a FREE trial!