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From ketchup to hot drinks, family-run investment firms are shaking up the consumer deals market, squeezing out private equity players and forcing them to change strategy.Families, some of whom made their money from the consumer sector, have deep pockets and are looking to secure their wealth for future generations. They are willing to wait longer for returns, giving them the edge over private equity funds looking for a quick turnaround.Joh A Benckiser (JAB), the investment vehicle of the German billionaire Reimann family, bid for Douwe Egberts coffee last month, creating a hot drinks empire to take on the market leaders Nestle and Mondelez International, a goal that may take some time."Part of the reason for traditional private equity firms not being involved in the D.E. Master Blenders transaction was that the multiples were too high to make the returns work," said Magnus Scadden , Head of EMEA Consumer and Retail at Houlihan Lokey, an investment bank.Family-funded investments in the...
Reckitt Benckiser Group PLC (RB.LN) said Thursday it bought 5,000 of its own shares to hold as treasury shares at a price of GBP46.918463 per share.-Shares closed at...
Shares of Marks & Spencer Group PLC led U.K. stocks higher on Thursday after reporting fourth-quarter sales growth, while steelmaker Evraz tumbled after warning of r...
Reckitt Benckiser Group PLC (RB.LN) said Wednesday that it bought 20,000 shares for treasury at an average price of 4,647.6 pence per share.-Shares closed Wednesday ...
Reckitt Benckiser Group PLC (RB.LN) said Tuesday it bought 200,000 of its own shares at 45.993262 pounds per share to hold as treasury shares.-Shares closed at 4,570...
Reckitt Benckiser Group PLC (RB.LN) said Monday that it bought for treasury 20,000 shares at an average price of 4,609.13 pence per share.-Shares closed Monday at 2,...
Reckitt Benckiser Group PLC (RB.LN) said Friday that it bought 20,000 shares for treasury at a price of 4,591.9625 pence per share.-Shares closed Friday at 4,554 pen...
Reckitt Benckiser Group PLC (RB.LN) said Thursday it bought 25,000 of its own shares at 46.944795 pounds per share to be held as treasury shares.-Shares closed at 4,...
Reckitt Benckiser Group PLC (RB.LN) said Wednesday it bought 20,000 of its own shares at GBP48.008685 per share to hold as treasury shares.-Shares closed at 4,774 pe...
A group led by investment firm Joh. A. Benckiser GmbH is in talks with the owner of Douwe Egberts coffee about a potential takeover which could value the Dutch compa...
Reckitt Benckiser Group PLC (RB.LN) said Monday it bought 250,000 shares of the company at a price of GBP47.592834 per share to hold as treasury shares.-Shares close...
Reckitt Benckiser Group PLC (RB.LN) said Friday that it bought 225,000 shares for treasury at GBP47.421316.-Shares closed Friday at 4,756 pence valuing the company a...
U.K.-based maker of Cillit Bang cleaning spray and Nurofen pain-relief tablets Reckitt Benckiser Group PLC (RB.LN), said Monday that it acquired from HSBC Bank PLC, ...
Unilever PLC (UN) Thursday said slowing North America sales growth and a tepid start to ice cream purchases amid unusually cold weather in Europe saw its revenue gro...
Drug purchases in a prolonged cold and flu season in North America and Europe boosted sales at Reckitt Benckiser PLC (RB.LN), which on Monday recorded higher revenue...
Reckitt Benckiser Group PLC (RB.LN) Wednesday said it purchased 10,000 ordinary shares at a price of 46.677912 pounds per share on April 17.MAIN FACTS:-Shares will b...
Reckitt Benckiser Group PLC (RB.LN) Monday said it purchased 5,000 ordinary shares at a price of 46.404103 pounds per share on April 15.MAIN FACTS:-Shares will be he...
Reckitt Benckiser Group PLC (RB.LN), the household products group that makes Finish dishwasher tablets and Harpic cleaner, said Monday that Salvatore Caizzone, Execu...
Reckitt Benckiser Group PLC (RB.LN) said Friday it bought 5,000 of its own shares at a price of GBP46.271825 per share to hold as treasury shares.-Shares closed at 4...
A group led by Joh. A. Benckiser GmbH is close to a deal to buy D.E. Master Blenders for roughly $10 billion, according to people familiar with the matter, as the in...
