Monday, August 11, 2014

Friele in secret takeover talks – Dagbladet.no

Friele in secret takeover talks – Dagbladet.no

(Financial newspaper): Herman and Birgitte Friele earned 445 million on last year’s coffee sales. Financial newspaper can today announce that the family is now negotiating to acquire a preliminary secret food producer.

– We are in negotiations for the acquisition of a company, says Herman Friele Finance newspaper.

– Within food industry

– Absolutely. It is an industry we can, and we respect that it is wise to stick to the industries they know, say activists.

No passive investor

After the sale of starbucks last year, Friele a target of 25 percent shall be placed in “active investments”. The rest will be distributed among various financial investments.

– Do you get many offers to invest in different companies?

– Entrepreneurs who need money will go to the communities they feel there is enough capital, it is not unnatural. For us it is important that we can bring something yourself, develop the company and be active in our ownership. Passive investing is not for us, say activists.

Of last year’s profit of 267 million in Frico takes father and daughter Friele out half as dividends.

– We take out something to make private investments. There is a difference between the activity of a corporation, which is business oriented and more personal loans to real estate and stocks, says Friele Finance newspaper.



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