Business: Greencore Group is an Ireland-based manufacturer of convenience foods.
Premier Foods has generated a total return of nearly 300%, while Greencore is down 41.5% in that time.
It is hard to believe there is another investor more qualified to create shareholder value at Greencore than Oasis.
In addition, at The Restaurant Group and Premier, Oasis pushed for the sale of non-core assets, which is consistent with streamlining operations and creating shareholder value.
One Greencore director who Oasis knows well is Alastair Murray, the former CFO and once-interim CEO of Premier Foods.
Persons:
Seth Fischer, Greencore, Daniel Wosner, Oasis, Gavin Darby, Darby, Wosner, Wosner's reappointment, Dalton Philips, Catherine Gubbins, Alastair Murray, Murray, Ken Squire
Organizations:
Greencore, Convenience Foods, Ireland, Oasis Management, Oasis, Premier Foods, Apollo, Premier, Group, 13D
Locations:
Ireland, United Kingdom, Hong Kong, Tokyo, Austin, Cayman Islands, Asia, Europe