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   Strategies & Market TrendsSpeculating in Takeover Targets


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To: richardred who wrote (4638)11/26/2017 8:03:44 PM
From: richardred
   of 6084
 
RE-JVA speculation
Farmer Brother recently bought Boyd's Coffee revenues 95 mil. 13-16 mil. EBITDA for 59 mill. IMO niche acquisitions are most likely on the back burner for now. JVA completed a couple of smaller dink niche acquisitions itself. JVA sales 72 mill. Market cap. 24 mill. The last Comfort acquisition cost the company, about 3 mil, for 7Mill. rev. but the integration cost cut profitability last qtr.. Important pr snip>“We expect the synergistic value of roasting both in Colorado and Massachusetts to translate to higher margins and renewed efficiencies for both current and potential new business.”

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Message 31200882



Lavazza Acquires Kicking Horse Coffee


Lavazza Group May 24, 2017, 11:39 ET
The Turin-based Group Accelerates Growth in North America through the
Acquisition of 80% Stake in the Leading Canadian Organic Coffee Company


TURIN, Italy and INVERMERE, Canada, May 24, 2017 /PRNewswire/ - The Lavazza Group today announced the purchase of a significant equity stake in Kicking Horse Coffee, Ltd. from the private-equity fund Swander Pace Capital, who had originally acquired the investment in 2012 in partnership with Jefferson Capital and United Natural Foods. Kicking Horse Coffee, a leading Canadian organic and fair-trade coffee player, has distinguished itself over the last several years with remarkable growth in both Canada and the United States.

With this transaction, Lavazza secures an 80% interest in the company, which was valued CAD 215 million. Elana Rosenfeld, who founded Kicking Horse Coffee in 1996, will retain a 20% equity stake and will continue as Chief Executive Officer.

"Kicking Horse Coffee represents one of the 'local jewels' the Lavazza Group continues to seek as part of its globalization and premium positioning strategy," commented Antonio Baravalle, CEO of the Lavazza Group and future Kicking Horse Coffee Chairman. "Today, organic fair-trade coffee is one of the fastest-growing trends at the international level, and in North America in particular. Kicking Horse Coffee leads this segment with a brand that is perfectly complementary to the Lavazza portfolio. In recent years, the company has constantly grown at a double-digit rate and, thanks to this acquisition, its growth and development prospects both in and outside of Canada will increase significantly."

This transaction represents an important step for the development of our strategy in North America, a key market for the Lavazza Group. As with the recent Carte Noire and Merrild acquisitions, Lavazza's objective is to further increase the "brand equity" of Kicking Horse Coffee while sharing key respective competencies and values.

"Kicking Horse Coffee has always distinguished itself for its unrelenting commitment to quality coffee, along with strong sustainability values. The Lavazza Group shares this vision and we now have the perfect partner to assist us in growing and connecting the world with our coffee," commented Elana Rosenfeld, co-founder and CEO of Kicking Horse Coffee. "I am thrilled and honored we now share this beautiful adventure with the Lavazza Group."

The Lavazza Group just announced its best-ever results to the market, with record revenues of €1.9 billion. With this acquisition, Lavazza continues its progress of continuous international growth and diversification, consolidating its competitive position among the global sector leaders.

The Lavazza family stated, "We proudly welcome Kicking Horse Coffee to our Group. We are confident we will be able to contribute our more than 120 years of coffee experience to the continued growth of a company with great affinity to ours."

The Lavazza Group was assisted for this transaction by the legal firm Blake Cassels and Graydon LLP in Toronto, J.P. Morgan Limited as financial advisor, Boston Consulting Group as strategic advisor, and PWC for tax and accounting.

About Kicking Horse Coffee

Kicking Horse Coffee, Ltd. is based in Invermere, British Columbia (Canada) and celebrated its 20 year anniversary as a company in 2016. Kicking Horse Coffee remains a pioneer of whole bean and fair trade coffee in Canada and is best known for its distinctive coffee blends and unique brand personality. The Company was recently named the #10 Best Place to Work in Canada. For more information, visit www.KickingHorseCoffee.com.

About Lavazza

Established in 1895 in Turin, the Italian roaster has been owned by the Lavazza family for four generations. Among the world's most important roasters, the Group currently operates in more than 90 countries through subsidiaries and distributors, exporting 60% of its production. Lavazza employs a total of about 3,000 people with a turnover of more than €1.9 billion in 2016. Lavazza invented the concept of blending — or in other words the art of combining different types of coffee from different geographical areas — in its early years and this continues to be a distinctive feature of most of its products.

The company also has over 25 years' experience in production and sale of portioned coffee systems and products. It was the first Italian business to offer capsule espresso systems.

Lavazza operates in all business segments: at home, away-from-home and office coffee service, always with a focus on innovation in consumption technologies and systems. Lavazza has been able to develop its brand awareness through important partnerships perfectly in tune with its brand internationalization strategy, such as those in the world of sport with the Grand Slam tennis tournaments, and those in fields of art and culture with prestigious museums like New York's Guggenheim Museum, the Peggy Guggenheim Collection Venice, and The Hermitage State Museum in St. Petersburg, Russia.

SOURCE Lavazza Group

prnewswire.com




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To: richardred who wrote (2645)11/27/2017 1:33:09 PM
From: richardred
   of 6084
 
A very small ill-liquid buy today and in a sector I usually shy away from . Regional Banks

New buy- MBKL 5% dividend yield to go along. Goes along with my other ill-liquid regional bank buy LYBC from about 7 years ago. They just raised the dividend. 10 year chart.

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From: richardred12/3/2017 7:01:04 PM
   of 6084
 
Mega Merger Monday!

CVS to Buy Aetna for $67.5 Billion, Remaking Health Care Sector By
Zachary Tracer
and
Robert Langreth

December 3, 2017, 1:46 PM EST Updated on December 3, 2017, 6:04 PM EST



Drugstore chain will pay $207 a share, $145 a share in cash

Companies bet on bringing health care closer to consumers
CVS Health Corp. will buy Aetna Inc. for about $67.5 billion, creating a health-care giant that will have a hand in everything from insurance to the corner drugstore.

CVS will pay $207 a share for Aetna, with $145 a share in cash and the rest in stock, the companies said in a statement Sunday. That’s a 29 percent premium to Aetna’s share price on Oct. 25, the day before the companies were reported to be in talks.

bloomberg.com

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To: richardred who wrote (2726)12/5/2017 9:12:43 AM
From: richardred
   of 6084
 
Packaging Giant Bemis Hires Goldman Sachs to Explore Sale

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To: richardred who wrote (4655)12/5/2017 1:25:22 PM
From: Robert O
   of 6084
 
Richard yeah this beamis story was out there from a couple months ago but price went down as a rumor mill suggested no offer coming. Now it seems it is getting 'hot again' as company turnaround story not materializing. Post story threw out 60 /share. I'm considering buying then sitting on this one to see if something materializes [even though if one assumes leakage-and you ought to - this one has ben melting up for a bit already prior to this story- sigh always last to know].

nypost.com

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To: Robert O who wrote (4656)12/5/2017 1:59:36 PM
From: richardred
   of 6084
 
Yes, I am looking at it. Bob your right about BMS news being put up for sale before. Packaging is my bead & butter, knowledge wise. I'm off to work now. , but I'll be doing a little D&D on it and post my findings later.

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To: richardred who wrote (4657)12/5/2017 10:48:26 PM
From: robert b furman
   of 6084
 
Bemis is a big employer in my home town of Sheboygan Wisconsin.

Bob

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To: richardred who wrote (4657)12/6/2017 12:33:09 AM
From: richardred
   of 6084
 
RE-BMS Looked it over and it's a pass for me for now. I'll look to see if it settles down. Christmas is coming up. So a hypothetical deal might not be till next year IMO. If I owned it pre-anouncement I'd hold it through.

A few thoughts
The restructuring plan is still on going. Things don't look so bright in Brazil where it has a big operations. I saw an estimate from a firm estimating a takeout price of around 65 dollars. That sounds about right, maybe lower because their still a lot of work to be done getting this company back on track. I generally don't like to step in after a SA announcement is in the works. Things did work out well with SHLM twice. This was before both SA announcements and an opportunity buy on bad earnings twice. SHLM announced SA twice. I sold out the common & calls both times on a good run up. I've seen no news that the company abandon SA. The company is still up for sale for the right price. Good luck Robert if you decide to accept the BMS challenge. The one thing that bothers me about BMS. Why didn't some Multinational go after it a long time ago. It also might be the reason why SHLM hasn't sold twice. I guess I'll have to see what premium out of the money leap calls are going for. 55 & 60 strike at the right price might get interesting.

Message 24364591
Message 26691159
siliconinvestor.com

P.S. An interesting thought. A Chinese company might be interested here. Food safety

>Lian added that a few other sectors will also receive government support, even if they were not mentioned in the August guidelines. Those sectors include food safety, health care and investments that can create more employment in China. "These, although they were not specifically listed in the encouraged list, we believe also will bring benefits to China's economy and should receive support," she said.

Message 31365652

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To: robert b furman who wrote (4658)12/6/2017 12:36:06 AM
From: richardred
   of 6084
 
I've owned it 3 times in the past before.

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To: richardred who wrote (4614)12/6/2017 8:58:32 PM
From: Glenn Petersen
   of 6084
 
The acquisition of Aetna by CVS may accelerate Amazon's entry into the prescription drug business. They could easily buy Walgreens, which has a market cap of approximately $70 billion, although that would probably draw antitrust scrutiny from an already nervous Washington D.C.

As for the m drug distributors listed in that article I posted, you could probably get better results throwing a dart than trying to predict what Amazon will or will not do.

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