Bright Food, one of China’s largest food groups, is acquiring 60% of Weetabix Food Company from private equity firm Lion Capital for an enterprise value of £1.2 billion. The remaining 40%
Tag "Lion Capital"
The UK Office of Fair Trading has cleared the acquisition of Cumbrian Seafoods by private equity company Lion Capital, which also owns Young’s Seafood, the UK’s leading chilled and frozen
UK private equity firm Lion Capital is reported to have decided against disposing of the Nordic unit of its Findus frozen foods group. The Nordic business attracted a number of
Private equity firm Lion Capital, which owns Young’s Seafood, has expanded its UK fish and seafood interests with the acquisition of the customer contracts and equipment of Cumbrian Seafoods from
Findus Group, one of the leading frozen food businesses in Europe with sales over Eur1.3b, is reported to be renegotiating its covenants with its lenders in order to gain greater
US-based snacks group Diamond Foods is investing $10m to expand of its UK production facility in Norwich to meet increasing demand for Kettle Chips. The Kettle brand has experienced significant
Helped by rising sales of cereal bars and retailer own label products, UK breakfast cereals manufacturer Weetabix has increased pre-tax profit by 26% to £97.2m for 2009 on turnover up
Findus Group, one of Europe’s largest frozen food and seafood companies, has appointed Jari Latvanen, formerly with Nestle, to head its new, dedicated business unit covering the Nordic region. The
Unilever is selling its Italian frozen food business, Findus Italy, to Birds Eye Iglo, which is owned by private equity group Permira, for Eur805m. The deal includes four brands –
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