Real Good Food completes division sale

Fri, 22 May 2015 | DIVISION SALE

Bakery ingredients group Real Good Food has completed its division sale of Napier Brown for £34 million.

Based in Toxteth, Liverpool, the business first announced plans to sell its sugar division in April, confirming that it had received interest from a number of parties.

Now a deal with French group Tereos for the disposal of its sugar division, Napier Brown, has been struck.

Pieter Totté, chairman of Real Good Food, commented: “We believe Tereos is the best choice for both customers and employees.

“This transaction will allow us to focus all our resources on the continued growth of our remaining businesses.”

He added that while he remains “proud” of what the firm achieved in building the Napier Brown business, the changes that are currently occurring within the European sugar market mean that “the future of this business is best served by it becoming part of an international production group”.

Napier Brown is the biggest non-refining sugar distributor in Europe. It provides customers with different varieties of sugar as required, be they cane, beet, white, brown or speciality. Among its brand names is Whitworths Sugar.

As the largest sugar producer in France, Tereos is the world's fifth-largest sugar group. It employs some 24,000 people around the world, giving it a solid base from which to deliver a strong future for Napier Brown.


View more businesses for sale.


Share this article



Latest Businesses for Sale

Authentic Sardinian Restaurant
Stoke Newington, North London, London, South East, UK

Il Bacio Express, an authentic Sardinian restaurant which was established by our client in 2000. Our client is now looking forward to moving back to Sardinia. Il Bacio Express opened in 2000 as a pizza and pasta café. Since then the business has grow...

Asking Price: £345,000
Turnover: £464,228

LEASEHOLD


Nationwide Loss Adjuster
UK Wide

Specialises in providing complete, responsive loss adjusting services for property, motor, goods in transit and liability insurance claims. The shareholders are offering the business for sale due to their retirement plans. Offers invited.

Asking Price: Offers Invited
Turnover: £327,000

FREEHOLD


Gas Leakage Repair Solutions & Pipeline Corrosion Protection
UK Wide

Gas leakage repair solutions and pipeline corrosion protection to the utilities industry. Strong second-tier management team in place able to run the day-to-day operations of the business. Offers invited.

Asking Price: Offers Invited
Turnover: £2,800,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
22
 
Jan
 

Jewellery retailer enters administration | ADMINISTRATION

A Nottingham-based jewellery and watches company has fallen ...

 
19
 
Jan
 

Luxury lodging group enters administration | ADMINISTRATION

An Essex-based company which operates eight luxury lodge par...

 
17
 
Jan
 

Fine paper business enters administration | ADMINISTRATION

Arjowiggins UK, which operates a number of trading companies...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
07
 
Sep
 

Multinational food manufacturer snaps up desserts baker in major acquisition deal | BUSINESS SALE

A Wiltshire-headquartered desserts baker has been acquired b...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources