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BI

Birds Eye

food_consumer
PE-OWNED

Frozen vegetable brand known for quality and convenience.

PE-OWNED

Acquired by Permira2009-01-01

View PE Firm Profile

What Made It Great

Flash-frozen vegetables that taste as good as fresh.

What PE Will Likely Do

Birds Eye will start using lower quality, cheaper vegetable ingredients in their frozen vegetable products

HIGH LIKELIHOODBased on: Permira's known tactics of cost-cutting and operational efficiency

Birds Eye will reduce the package sizes of their frozen vegetable products while maintaining or increasing prices (shrinkflation)

HIGH LIKELIHOODBased on: The high frequency of quality-degrading tactics used by PE firms in the food/consumer industry, as outlined in the industry playbook

Birds Eye will switch to lower-cost vegetable suppliers and manufacturing options, impacting freshness and taste

HIGH LIKELIHOODBased on: The lack of any recorded failures for Permira, indicating they are likely to implement the typical PE playbook for Birds Eye

Birds Eye will alter their product recipes to reduce costs, potentially changing the flavor and texture of their frozen vegetables

HIGH LIKELIHOODBased on: The lack of any recorded failures for Permira, indicating they are likely to implement the typical PE playbook for Birds Eye

Expected Timeline

0-6 monthsCompleted

0 to 6 months months

Minimal visible changes as ownership transition occurs

6-12 monthsYOU ARE HERE

6 to 12 months months

Behind-the-scenes supplier and formula changes begin, quality starts to decline

12-24 months

12 to 24 months months

Consumers start noticing quality differences in Birds Eye products, complaints increase, brand reputation begins to suffer

Similar Cases

Other companies that followed a similar path after PE acquisition

What You Can Do

Actions

  • Be on the lookout for changes in the quality, taste, and freshness of Birds Eye frozen vegetable products

  • Compare Birds Eye products to competing brands to notice any degradation in quality

  • Consider switching to alternative frozen vegetable brands that prioritize quality over cost-cutting

Alternatives

Research independent alternativesSAFE

Look for family-owned or employee-owned businesses

Share this company's PE status

"Birds Eye is now PE-owned. Here's what that means for you."