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Greencore in potential £1.2 billion takeover of Bakkavor

Summary by RTÉ

Convenience food manufacturer Greencore has today agreed to buy rival Bakkavor in a deal valued at £1.2 billion, to create a convenience foods giant in Britain.

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The Sun

Right

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…

2 days ago·United Kingdom

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Irish Times

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Greencore proposes acquisition of rival Bakkavor

Deal would value company at £1.2 billion

3 days ago·Dublin, Ireland

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RTÉ

Center

Greencore in potential £1.2 billion takeover of Bakkavor

Convenience food manufacturer Greencore has today agreed to buy rival Bakkavor in a deal valued at £1.2 billion, to create a convenience foods giant in Britain.

3 days ago·Ireland

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business-live.co.uk

Irish food-to-go firm firm agrees potential £1.2bn takeover of UK rival

The deal will create a combined food group with annual sales of about £4bn

2 days ago·London, United Kingdom

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FreshtalkDaily News

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…

2 days ago

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just-food.com

Greencore on cusp of acquiring Bakkavor for £1.2bn

Greencore Group has reached a preliminary agreement to acquire Bakkavor Group in a cash and stock deal valued at £1.2bn ($1.55bn). The post Greencore on cusp of acquiring Bakkavor for £1.2bn appeared first on Just Food.

2 days ago

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