Premier Foods, which owns well-known brands such as Mr Kipling, Ambrosia and Hovis, has agreed to sell its sandwich spread business to US-based Hain Celestial for £200m.
A conditional agreement has been reached for to sell its sweet spreads and jellies business, including the Britain’s biggest selling jam Hartley’s, Robertson’s marmalade and peanut butter brand Sun-Pat, and is set to be complete by the end of October 2012. Sales of the sweet spreads and jellies business amounted to £165m for the 12 months to…
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