There are "tons" of grocery products to buy from big players !
Unilever said this morning it wants to sell Skippy peanut Butter, for $ 400 million (too big for Wenner at present) and will re-evaluate it food products that are non-core.....lots of future
buying ideas for BGS from this global consumer products firm alone.
Then what about P&G ? McDonald needs to re-structure (read: rid non-core brands) and
reduce bureaucracy. Will P&G throw off some "jewels" for a small cap firm like BGS ? Over
time, I would vote yes. What about KRFT or Mondelez ? Now that they are on their own, will
they find brands that do not fit their plans ... ?
There are several other consumer products firms that fly below the radar that need to redefine
their operations and will sell small brands in the future.
Wenner is an experienced consumer products manager, I do not think he would have entered
BGS into the strategy of picking off "orphan brands" as a means to grow his business if he did
not think there would be a steady stream of these brands to buy over the next several years.
Over the past 5 years BGS has bought various brands on a relatively constant basis. I don't
know what has changed in the consumer products world to think brands will not be traded in
Even though BGS just announced its new brand purchase and is in the midst of clearing its
stock offering, you can bet that Wenner has a team currently talking and negotiating with firms
about the next BGS product additions.......stay tuned.