PBH's deals, the pet deals in the U.S. and OPCOPBH has made many food deals lately but it has still zero exposure to the emerging pet food and pet sector. Meanwhile many major deals in the pet sector have taken place in the U.S. over the last two years and the suitors are major food players like SJM, GIS ADM, Mars, Nestle etc.
I bet that the remaining dirt-cheap, profitable firms with stellar balance sheet from the pet industry like OurPet's (OPCO) will be acquired soon. OPCO's insider ownership is 56% with the 80 years old CEO owning 26%, so insiders are aligned with shareholders.