KKR Explores $10 Billion Sale of Spreads Unit Flora, FT Reports

KKR Explores Sale of Flora for as Much as $10 Billion, FT Says

KKR explores $10 billion sale of spreads unit Flora, FT reports

Flora Food Group sale could spread $10bn KKR’s way

Reports suggest KKR is exploring a sale of Flora Food Group, the owner of Flora, Becel, I Can’t Believe It’s Not Butter, Violife, Elmlea and Bertolli. The move comes as the plant-based dairy market struggles, Flora Food Group’s revenues fall, and major food companies continue to reshape their portfolios through disposals, spin-offs and joint ventures.

KKR explores potential $10B deal for ex-Unilever spread business - report (KKR:NYSE)

KKR is weighing a $10B sale of Flora Food Group (ex-Unilever spreads unit) after past talks with ADQ collapsed.

KKR weighs $10bn exit from Flora Food Group

KKR is exploring a potential sale of Flora Food Group in a transaction that could value the business at around $10bn, according to a report by the Financial Times, as the firm evaluates exit options for the portfolio company carved out from Unilever. The US buyout group is reportedly working with advisers on a possible divestment of the Amsterdam-based spreads and margarine manufacturer, with interest expected from other private equity investors…

Private-equity firm KKR said to be eyeing disposal of Flora Food Group

Privately-equity firm KKR has declined to comment on speculation over the potential disposal of its Flora spreads assets.The post Private-equity firm KKR said to be eyeing disposal of Flora Food Group appeared first on Just Food.