Greencore seals €1.4bn takeover of British rival Bakkavor
Deal adds pizza, bread, desserts and dips to Greencore’s range of food items
Deal adds pizza, bread, desserts and dips to Greencore’s range of food items
Food group beats overall grocery market growth
Bristol facility makes chilled sauces and soups and accounts for 1% of the £4bn sales of planned combined group
Shares in the Dublin-based food group soared on the back of a stronger-than-expected trading update
Dublin-based firm’s shares jump more than 11%
Competition and Markets Authority invites comments on deal by July 22nd as part of a phase one inquiry into transaction
Dublin-based sandwich maker upgrades profit forecast
Agreement in principle to buy Bakkavor marks a major departure in ambition for the Dublin-based sandwich and ready-meal maker
Shares in Dublin-based sandwich maker have almost doubled in value this year
Sandwich maker’s results top its own forecasts
In October, Irish convenience foods group upgraded its full year financial forecasts for a third time this year
Post-Covid management team trying to turn business around, addressing loss-making facilities and need for investment
Dublin-based company attributed a dip in revenue to its decision to exit a number of low-margin contracts in 2023
Shares at the sandwich maker rallied 63% in London over the past 12 months but remain 60% below 2016 peak
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