By Edward Devlin2021-01-28T08:41:00+00:00
The owner of grocery brands including Kettle crisps and Rowse honey is to launch an auction that could fetch more than £1.5bn and cement its status as one of Europe’s biggest privately owned food producers, according to Sky News. Valeo Foods’ owner CapVest has appointed Goldman Sachs to oversee a sale of the company in the coming months.
Pepco, the European discount chain that owns Poundland, has reported resilient sales growth in its most important trading quarter to the end of December as its owner restarted the process of selling it off (The Financial Times £).
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