Sale of Batchelors and Beck Smith

摘要

Northern Foods pic has agreed to sell the share capital of Northern Foods(Ireland)Limited and its subsidiaries to Maiden Acquisition Company Limited,a new company formed by Barry's Tea and Bank of Scotland Ireland.The sale is conditional only on clearance from the Completion Authority of Ireland.The main subsidiaries of NFIL are Batchelors Limited and Beck Smith Limited,which manufacture and/or distribute a range of food and drink products in Ireland under brands such as Batchelors,Sqeez,Amigo,Picnic and Lustre.In addition,products are distributed on behalf of other manufacturers under the brands of Green Giant,Old El Paso and Fox's biscuits.