Private equity firm CapVest eyes sale of Valeo Foods for €1.7bn
The Dublin-based firm, which owns Jacobs biscuits and Bachelors beans, recently reported sales of €942 million
Capvest, the London private equity firm run by Cavan accountant Seamus Fitzpatrick, is reportedly seeking to sell its Dublin-based Valeo Foods group.
Capvest did not comment when contacted regarding a report last week by Sky News that it had hired Goldman Sachs to advise on a sale of Valeo, whose brands include Kettle crisps, Jacobs biscuits and Bachelors beans.
A disposal could raise in the region of €1.7 billion, it is suggested.
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