New brand maximisation company Saachiinvest (The Grocer, August 10) is negotiating "half-a-dozen" deals to promote under-utilised brands, says md Andrew Leek.
He said: "Saachiinvest will be run along the same lines as a traditional private equity company, doing two or three deals a year. We will look for new areas to grow the brands and then sell them on when we have put them back on a strong footing."
The company already has a 51% stake in Heinz's Complan and Casilan brands in Europe and the Americas.

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