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Pacific Equity Partners

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1 MIN READ

Australia: Patties Foods receives takeover bid from Pacific Equity Partners

June 7, 2016
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Asia Pacific, Food, Mergers & Acquisitions

Investment firm Pacific Equity Partners has offered A$232million ($165 million) for 100% of the shares in Patties Foods, according to reports in AFN and ABC. Australia-based Patties Foods is the owner of a number of brands in the bakery industry, including Four ‘n’ Twenty Pies, Herbert Adams Pies, Snowy River, Pies Chefs, Patties and Nanna’s. According to sources, Patties revealed that Pacific Equity Partners (PEP) has approached the company with …

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