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Private Equity Firm Buys Gü Puds
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Gü acquired by private equity firm Exponent
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Noble Foods agrees Gü acquisition by Exponent Noble Foods has agreed to sell top premium chilled desserts brand Gü to Exponent for an undisclosed sum, as the private equity group claims the brand has significant global potential.
Mark Lynch, partner at corporate finance house Oghma Partners, said of Exponent: Looks like a good owner for the Gü business given their historic track record of successfully growing food businesses. We expect that Exponent will be looking to invest in the business to drive growth and turn the brand from a household name in the UK to a household name outside the UK - Europe and North America would be the initial obvious targets.
PE house Exponent signs agreement to acquire Gü Puds
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The River Wye at Redbrook in early June turned green because of algal blooms. ENVIRONMENTAL campaigners are calling on one of the UK’s largest egg producers to urgently address the degradation caused to the River Wye by intensive poultry farming. River Action is campaigning for protection of the River Wye, 60% of which is in ecological crisis according to Natural Resources Wales. The group has written to Noble Foods to take immediate action to address the significant environmental degradation caused to the Wye by the intensive poultry industry in the area. And their letter has the support of environmental experts and campaigners, including former Environment Minister Lord Benyon, Feargal Sharkey and George Monbiot.