Liverpool food firm sells off part of its business for £12m to ease debts
Liverpool firm Real Good Food has sold off a part of its business for £12m.
The firm, which is in the processes of restructuring, has sold off Haydens Bakery which is based in Wiltshire to the Bakkavor Group.
The food products company has recently raised £1m through a share offer and agreed an “amendment deed” with shareholders to extend the final repayments on loans to the end of June 2020.
The sale of the bakery business will raise further funds. There will be a cash payment of £9.6m and the assumption by the buyer o... 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...
