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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?

To: richardred who wrote (4891)	7/20/2018 5:09:15 PM
From: richardred	Respond to of 7243

BGS makes a small deal - McCann's Irish Oatmeal Deal is for 2 1/2 of sales. I'm assuming it's very profitable and growing. Needing the Luck of the Irish for a TO deal on BGS this year. <g> SNIP>Considering that Cream of Wheat buoyed B&G's companywide 4.7% sales growth in the last quarter, hot cereal is a hot investment for the manufacturer. On its own, Cream of Wheat sales were up 11.2%. B&G can expand on that success with McCann's Irish Oatmeal. The brand has a rich and storied history, starting with a family-owned Irish mill built in 1800. And while Irish oatmeal sounds more exotic than steel-cut oats — which is how Americans tend to refer to the variety — that type of oatmeal is healthier and has more protein than other more processed options, like rolled oats. The breakfast cereal's health portfolio is gaining in popularity, with Zion Market Research projecting that oatmeal's global market value will reach $2.5 billion by 2022. McCann's Irish Oatmeal also already has products under its banner that fit into two trendy categories — non-GMO and gluten-free — that can only help its popularity grow. fooddive.com TreeHouse Foods, Inc. Completes the Sale of McCann's Irish Oatmeal to B&G Foods https://t.co/BFDa0zjOsT — Richard - richardred (@rreding1) July 20, 2018