Private Equity

Weetabix is responding to a changing market

Weetabix could cut pay and working hours to save jobs

By Nicholas Robinson

Weetabix has confirmed it has started a consultation with its UK staff to cut pay and working hours in response to increasing pressure from supermarket own-label products and the discounters.

Apax Partners snaps up French private label snacks maker Europe Snacks

Europe Snacks changes hands

By Oliver Nieburg

France’s leading private label snack maker Europe Snacks has been sold by private equity firm IK Investment Partners to another private equity company Apax Partners.

Picture courtesy of KraussMaffei

KraussMaffei subject of €568m deal

By Joe Whitworth

Onex Corporation has acquired KraussMaffei for $736.3m (€568m) in its first European investment from its $4.7bn private equity fund.

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