17 Articles
17 Articles
Food factory workers fear for jobs after £1.2bn merger between ready-meal giants
FOOD factory workers are fearing for their jobs after a £1.2billion merger between two ready-meal giants. Greencore, the UK’s biggest maker of sandwiches, yesterday struck terms for a merger with Bakkavor the maker of hummus dips, pizzas and desserts. GreencoreGreencore, the UK’s biggest maker of sandwiches, yesterday struck terms for a merger with Bakkavor[/caption] The deal will create a food colossus with £4billion of revenues from selling sa…
Greencore Seals £1.2Bn Deal For Bakkavor To Cook Up £4Bn Food Giant
Two Icelandic brothers, famously dubbed “business Vikings”, are set to cash in millions after their ready meals business, Bakkavor, agreed to a £1.2 billion takeover by rival food group Greencore.Greencore – the UK’s largest sandwich maker – confirmed it had struck a deal to acquire Bakkavor in a move that will create a new £4bn convenience food giant. The tie-up will combine two of the UK’s leading chilled food manufacturers, offering a broad r…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
To view factuality data please Upgrade to Premium