Bakkavor Group Acquires Haydens Bakery For £12m
Bakkavor Group, the UK-based provider of fresh prepared foods, has announced that it has acquired Haydens Bakery Limited from Real Good Food PLC.
The deal, valued at £12 million (€13.4 million), is subject to adjustment in relation to levels of working capital and net debt. This comprises £9.6 million in cash and £2.4 million of existing finance leases.
The transaction excludes Chantilly, a Devon based patisserie facility of Haydens, which produces hand-assembled frozen desserts.
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