Retro sweet firm to be sold in £100m deal
The firm behind some of Britain’s best known sweet brands is to be sold in a £100m deal.
Blackpool based Tangerine Confectionery is to be sold by its owner private equity firm Blackstone to European food giant Valeo.
Tangerine is best known for retro brands Dip Dab, Fruit Salads and Blackjacks.
According to reports a deal has been struck to sell the business to Valeo, which is partly-owned by Capvest, another private equity firm.
The deal is expected to complete in a matter of weeks.
It will bring together Tangerine'... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
