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Premier Foods ‘too small’ for institutional investors

By Anne Bruce and Mike Stones , 20-Jun-2012

The UK’s biggest food manufacturer is too small for most big institutional investors, one city analyst has told FoodManufacture.co.uk.

Which Premier brands will be next for sale after the vinegar and sour pickles disposal last week?

Which Premier brands will be next for sale after the vinegar and sour pickles disposal last week?

The unnamed analyst said Premier Foods was no longer of interest and he had stopped following its fortunes.

“Unless there is a many-fold increase in share price, Premier Foods will remain off the investment radar of most big institutional investors. Its market capitalisation is too small now,” he said.

Under the hammer next

Meanwhile, interest is focusing on which Premier brands will be sold next after the troubled food giant disposed of its vinegar and sour pickles business last week. To read which Premier business might go under the hammer next, click here .

Premier was itself identified as a possible acquisition target for China-based Bright Foods recently, after its purchase of Weetabix. To read more, click here .

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