PE Firm Parcom Said to Mull €1 Billion Sale of Group of Butchers

Parcom Capital Management is considering selling Group of Butchers in a deal that could value the meat supplier at about €1 billion ($1.1 billion), people familiar with the matter said.

The Dutch private equity firm is working with JPMorgan Chase & Co. on the potential divestment, which could take place as soon as next year, according to the people. The company has sounded out other food or meat suppliers in the US, Europe and Asia, they said.

Considerations are an early stage and Parcom could opt to keep the business for longer, the people said, asking not to be identified ...