Thu, 01 Nov 2012 | BUSINESS SALE
An ice cream business headquartered in North Yorkshire could be put up for sale in the future as it launches a review of its options.
R&R Ice Cream is the third largest ice cream manufacturer in Europe but in accordance with the terms of the company's €350 million indenture issued in 2010, it has been forced to reveal a review of its “strategic options”.
There is no assurance that any business sale will take place, but there is a possibility that the company and its subsidiaries will be put on the market if needed.
If a sale was to happen it would mark a reversal of fortunes for R&R, which has been on an acquisitions spree recently. Among the companies snapped up by R&R are Eskigel, a private-label ice cream producer in Italy, Pilpa, Durigon Gelato and Viva Gelato.
These European acquisitions allowed the business to strengthen its position on the continent and opened up the core markets of France and Germany.
Despite a less than certain future, R&R remains “delighted” with its performance of late. The second quarter of 2012 saw the firm report an adjusted EBITDA of €49.9 million, an increase of €8.9 million on the same period in 2011.
An established, award-winning care home with nursing, that is located in a popular East Midlands town and has come to market for the first time so that our client can retire.
For sale a lucrative portfolio of residential care homes conveniently clustered in the Northwest of England, offering residential and dementia care.
A profitable care home with nursing located in an East Midlands town. Well-presented and extended accommodation with 57% of the ground floor bedrooms being ensuite.
03
|
May
|
Three Aberdeen legal firms merge to form all-service provider | MERGER
Three prominent Aberdeen legal businesses have merged to for...
03
|
May
|
BGF-backed asbestos services firm makes third acquisition | BUSINESS SALE
Environmental Essentials, a specialist asbestos services fir...
03
|
May
|
Logistics firm acquires pair of Derbyshire businesses | BUSINESS SALE
A logistics firm headquartered in Preston has acquired a pai...
30
|
Apr
|
PAI Partners unwraps R&R Ice Cream in a £715m deal | BUSINESS SALE
PAI Partners has agreed to a £715 million deal to purc...
01
|
Mar
|
French firm poised to buy R&R | BUSINESS SALE
French company PAI Partners is set to buy R&R Ice Cream if a...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.