VIDEO: How private equity keeps food portfolio companies fresh.

[proverbialwisdom]

http://mcgladrey.com/content/mcgladrey/en_US/what-we-do/industries/private-equity/how-private-equity-keeps-food-portfolio-companies-fresh.html

How private equity keeps food portfolio companies fresh

VIDEO - Investing in food and beverage brands

[proverbialwisdom]

1. Example, oh my.

http://en.wikipedia.org/wiki/Pinnacle_Foods

Pinnacle Foods Group LLC is a packaged foods company headquartered in Parsippany, New Jersey, owned by Blackstone Group; it specializes in the shelf stable and frozen food categories...

Products - Frozen food, Condiments, Baking mixes, Packaged meat
Revenue - $2.5 billion USD(2010)

Brands- [edit]

Armour (acquired from Dial Corporation)
Aunt Jemima Frozen Breakfast (name under license from Quaker Oats) frozen breakfast foods
Birds Eye

C&W
Comstock-Wilderness
Husman's
Nalley
Snyder of Berlin
Voila!

Celeste
Duncan Hines (acquired from Procter and Gamble in 1997)
Hungry-Man frozen TV dinners (acquired from Campbell Soup Company)
Lender's Bagels (acquired Kraft Foods in 1999)
Log Cabin Syrup (acquired from Kraft Foods)
Mrs. Butterworth's (acquired from Unilever)
Mrs. Paul's
Open Pit barbecue sauce
Swanson frozen TV dinners (acquired from Campbell Soup Company)
Tim's Cascade Snacks
Van de Kamp's
Vlasic
Wish-Bone (acquired from Unilever in 2013[5])

[proverbialwisdom]

2. Another?

http://www.forbes.com/sites/marketnewsvideo/2013/12/09/sysco-buys-us-food-for-3-5b/

2/09/2013 @ 9:01AM
Sysco Pays $8.2B For US Food

This morning, Sysco SYY +0.65% (SYY) said it had agreed to buy US Foods for $8.2 billion from private equity owners KKR and Clayton, Dubilier & Rice...

http://www.forbes.com/companies/us-foods/

US Foods
Revenue $20.8 B
As of December 2013

Profile: US Foods offers more 350,000 national brand products as well as their own items, ranging from fresh meats and produce to prepared and frozen foods. Customers include independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions...

[proverbialwisdom]

3. I'd be fascinated to read details about ownership of the top 10 companies in this chart.

http://www.policymic.com/articles/71255/10-corporations-control-almost-everything-you-buy-this-chart-shows-how

[img][/img]

Text.

[proverbialwisdom]

6. Just read this.

http://cardiobrief.org/2014/02/19/newly-elected-president-of-institute-of-medicine-is-on-the-pepsico-board-of-directors/

February 19, 2014

Newly Elected President Of Institute of Medicine Is On The Pepsico Board Of Directors

by Larry Husten

Earlier today I reported the news that Victor Dzau, the chancellor for health affairs at Duke University and the CEO of the Duke University Health System, would become the next president of the Institute of Medicine. But I failed to remember that I had written about Dzau several years ago. I think it will be of interest to many observers that Dzau currently serves on the Board of Directors of Pepsico. I’ve asked the IOM for a comment about this.

More.

Link from: http://markcrispinmiller.com/2014/02/new-prez-of-institute-of-medicine-sits-on-the-board-of-pepsico/

[proverbialwisdom]

4. Top Shareholders in Whole Foods and Monsanto: Identical (Five Investment Funds)

http://www.organicconsumers.org/articles/article_29389.cfm

February 25, 2014
Jon Rappoports

FACTS:
Find major shareholders of Monsanto and Whole Foods (both publicly traded companies) at http://investors.morningstar.com Among the top ten shareholders at each company are 5 identical investment funds (with proxy vote power):

Vanguard Total Stock Mkt. Index;
SPDR S&P 500;
Vanguard Institutional Index I;
Vanguard 500 Index Inv;
Harbor Capital Appreciation Instl.

Putting Rappaports aside (zany site, in general, and his interpretations of these specific observations), the facts and issues raised remain. Maybe it's just covering all bases by 'hedging.' Maybe not, anyone else queasy?

[proverbialwisdom]

5. Related.

Robyn O'Brien ‏@unhealthytruth Feb 27
Doing a side by side comparison of institutional investors in KR, BNNY, HAIN, WWAV, WFM, MON. Interesting.