Thu, 03 Jan 2013 | BUSINESS SALE
The Muller Dairy has completed its purchase of Greencore's Minsterley desserts business.
Greencore purchased Minsterley from Uniq back in 2011 for £113 million hoping to turn its fortunes around. Some progress was made and the sale to Muller, announced back in June 2012, has now gone through for £4.3 million plus stock.
Ronald Kers, chief executive of Muller's operations in the UK and Ireland, remarked upon confirmation of the deal: “This is a great way to start the New Year, and it underlines our ambitions for the future. I would like to thank the team at Minsterley for their hard work during the transition period and welcome them to Muller.”
The manufacture under contract of Cadbury branded desserts has played a significant role in Minsterley's business and Mr Kers said that Muller is planning to “further develop Cadbury's brand presence as part of our portfolio”.
Muller will take on Minsterley's workers and maintain the plant in Market Drayton as part of its future development. The news is likely to provide some relief for workers as earlier owners Uniq recently laid off over 300 jobs in its efforts to scale back operations.
A reputable construction company with a growing turnover and a wide range of projects available for acquisition.
Exciting opportunity to acquire a well-established workshops and accessories shop with great location and valuable inventory.
The company provides flexible finance solutions for IT and other business asset purchases, working with a diverse client network throughout the UK. The services encompass leasing, hire purchase, refinancing and business loans, which are typically off...
05
|
Feb
|
My Property Box continues expansion with Bellwood & Harris acquisition | BUSINESS SALE
Estate and lettings agency My Property Box has hailed a ...
04
|
Feb
|
Castlet Holdings engineers move to employee ownership | BUSINESS SALE
Lincoln industrial engineering firm Castlet Holdings has tra...
04
|
Feb
|
Modon Holding buys F1 and Wimbledon events firm | BUSINESS SALE
Abu Dhabi group Modon Holding has bought the Cambridgeshire-...
06
|
May
|
Tekmar Group disposes of subsea company for £1.9m | DIVISION SALE
Tekmar Group, a Darlington-based supplier of technology and ...
23
|
May
|
Ministry of Cake acquired in MBO | MBO/MBI
A four-strong senior management team has completed a buyout ...
23
|
Mar
|
Business Sale Report acquisition update | BUSINESS SALE
Hello and welcome to the Business Sale Report Twenty two c...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.