How sweet it is to be Rothschild & Co. Seven months after the investment bank sold Nestle’s Egmont Honey to Beijing-based Huatai International Private Equity Fund, its bankers have secured another honey deal.
Street Talk can reveal Hive & Wellness Australia, which owns Australia’s No.1 honey brand Capilano Honey, has brought in Rothschild to kick off a strategic review after fielding inbound expressions of interest for the $150 million revenue business.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com