Premier Foods, the biggest manufacturer of branded foods in the country, has approached a string of private equity groups about the sale of a stake in its bread unit.
Premier’s chief executive Gavin Darby, who joined in January, is understood to have approached Ondra Partners, a mergers and acquisitions advisory firm, to lead the search for outside investment. It is said a range of options are being considered for the food manufacturer, which also produces own-label ranges for some of the UK’s biggest supermarket chains.…
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