Billion Dollar Shave Club & The New FMCG Formula
The acquisition of Dollar Shave Club by Unilever for $1B is an inflection point in the Fast Moving Consumer Goods (FMCG) industry. The old...
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Ingredients: Benefiting From Powerful Moat Sources Despite Absence of Branding or Pricing Power
Given the bland growth prospects that currently characterize the consumer products space, investors looking for better growth prospects—without...
366 Views
Unilever: Both Sides De-Rating — The Market Is Pricing Execution, Not Value
Deal is priced as execution risk, but value is already partly crystallised. Both Unilever and McCormick de-rated, suggesting the market may be over...
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Unilever: Cooking Up Value — But Not Serving It All Yet
Unilever’s Foods deal with McCormick crystallises value at an attractive multiple, but structure matters: partial monetisation, retained exposure...
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Morningstar Consumer Observer: Shopping for the CPG Brands Best Positioned for a New Era in Commerce
Seismic changes are affecting the consumer packaged goods industry as consumers are becoming less brand loyal and supermarkets are under attack...
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