Samworth Brothers offloads loss-making desserts business

Lincolnshire-based food company Bakkavor Group has bought Samworth Brothers subsidiary Blueberry Foods, a desserts business. Blueberry operates from Leicestershire with approximately 420 employees and produces a range of desserts for the UK’s leading grocery retailers. Investment of more than £10m over the last 18 months has expanded the factory. In the financial year ended 31 December 2018, revenues were £42m and the business made a loss of £1m. The deal is conditional on completion of a TUPE process with affected emplo... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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