The sale to Yazico Investments and Axentia Financial Consultants was not deemed to be a material disposal for the group.
Chilled and pasteurised ready meals
Heli Food Fresh manufactures chilled and pasteurised ready meals for the Central European retail market. All Heli Food Fresh workers will transfer with the business to its new owners.
Agust Gudmundsson, Bakkavor ceo, said: “This sale is another important step for the group as part of our strategy to focus on the markets which offer us the best opportunities for growth.”