private equity

Haleon Panadol

Headache? Toothache? Is Haleon’s OTC portfolio immune from attack?

Haleon is the spin off of GSK’s OTC (over the counter medicine) business. This month it was reborn as a stand-alone company independently listed on the London stock exchange. Haleon has a market valuation of £30.5b (US$36.2b) and a portfolio of brands including Sensodyne (oral care) and Panadol (pain relief). The company makes 63% gross …

Headache? Toothache? Is Haleon’s OTC portfolio immune from attack? Read More »

Reckitt decides that infant formula isn’t digestible. Mead Johnson on the block; PE circles

Dial back to 2017. Then Reckitt Benckiser’s CEO Rakesh Kapoor spent $16.6n acquiring Mead Johnson, the infant nutrition company. Reckitt paid a 30% premium on the stock price. At the time, the deal’s logic rested more on China than the US, Mead Johnson’s heartland. Reckitt was keen to diversify its portfolio and saw an opportunity …

Reckitt decides that infant formula isn’t digestible. Mead Johnson on the block; PE circles Read More »

Huel, an edgy food nutrition start-up, going global advocate, puts itself on the IPO dinner table

Huel is an acronym for HUman FuEL. The company sells powder based meal replacements diluted with water. The ingredients are 100% vegan and include oats, pea, rice, flaxseed, coconut, and sunflower. It’s a brand for active and wealthy millennials, a target group similar to Peleton or even Go-Pro. Like the latter, it has a similar …

Huel, an edgy food nutrition start-up, going global advocate, puts itself on the IPO dinner table Read More »

’60s rebel child Dr Martens stomps its footprint worldwide; a psychedelic punk pivoted by private equity

Made famous by Pete Townsend of the Who, who famously wore Dr Martens on stage when rebelling against flower power fashion and the flamboyant colours of the psychedelic era. The dark, drab boots were originally conceived in the late 1940s, and sold primarily to Britain’s working classes. Today the brand tries hard to stick to …

’60s rebel child Dr Martens stomps its footprint worldwide; a psychedelic punk pivoted by private equity Read More »

Wattbike, favoured workhorse of the All Blacks, aims for global presence

Wattbike creates bikes for indoor cycling, a pastime that soared during the Covid pandemic. The business was founded in 2007 by a former rowing champion in collaboration with British cycling. Its USP is technology, the Wattbike hub app allows riders to collect data for training and performance improvement. The software is agnostic, allowing friends to …

Wattbike, favoured workhorse of the All Blacks, aims for global presence Read More »

Photo Charlotte Harrison

Vodka burners are go; private equity takes a full swig of Stock Spirits

Last week UK-listed Stock Spirits accepted a take over from private equity’s CVC who agreed to pay a 44% premium. Over 50% of Stock Spirits business is in Poland, other key markets include Italy, Slovenia & Croatia. Its core brands are Eastern European Vodka, Vodka based liqueurs and Limoncello. The company has been under pressure …

Vodka burners are go; private equity takes a full swig of Stock Spirits Read More »

©Tropicana

Are sugar concerns the real reason Pepsico strips Tropicana and Naked?

In the West Governments have gone to war against sugar due to concerns about obesity and related life style diseases like diabetes. In the UK, according to the food standards agency, ‘the amount of sugar in food’ is currently the number one consumer concern, ahead of food waste, animal welfare and surprisingly (for me) the …

Are sugar concerns the real reason Pepsico strips Tropicana and Naked? Read More »

Scroll to Top