Private equity backed food business makes sweet acquisition
Blackburn-based Bright Blue Foods, backed by private equity firm Endless, has agreed to acquire the cakes and desserts facility in Hull from Greencore, creating a £140m turnover business with more than 2,000 staff.
BBF was acquired in September 2015 by Endless via its fourth fund. Completion of the sale is expected in early February 2018 following a TUPE consultation process with Greencore Hull employees.
The Hull site will trade under the name of BBF (Hull) Ltd. The combined business employ over 2000 people across five sites... 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...
