Private equity player is likely Greencore suitor
Experts have favoured a private equity firm as the mystery Greencore suitor after it revealed it had been approached as an acquisition target yesterday.
Experts have favoured a private equity firm as the mystery Greencore suitor after it revealed it had been approached as an acquisition target yesterday.
The value of the frozen food sector has soared to over £5bn so far this year, with 3.6% growth in the third quarter alone, the British Frozen Food Federation announced yesterday (October 25
Hain Celestial’s acquisition of Daniels Group for £144M would allow it to introduce US brands to the UK market and give Daniels the scale to expand in Europe and across the Atlantic.
Poultry products group 2 Sisters Food has been accused of failing to provide proper training to its staff after being fined a total of £230,000 following separate incidents that left one employee with a partially severed hand and another with a broken arm.
Premier Foods has suffered a further blow to its self-esteem following another withering report from an investment analyst.
A leading analyst has predicted a flurry of private equity deals in a UK food sector described by a counterpart as fragmented and ripe for consolidation.