Acquisition of US Sandwich Bu

RNS Number : 5307X

Greencore Group PLC

07 December 2010

 

Greencore Group PLC

07 December 2010

GREENCORE GROUP PLC - ACQUISITION OF US SANDWICH BUSINESS

Greencore Group plc ("Greencore") today announces the acquisition of On A Roll Sales Inc. ("On a Roll"), a manufacturer of fresh sandwiches based in Brockton, south of Boston, Massachusetts. Gross assets of the business being acquired at 30 September 2010 were $3.4 million.

Commenting on the transaction, Greencore's Group Development Director, Eoin Tonge, said: "On A Roll is a promising, growing business with a well diversified customer base of major retailers and convenience stores. This acquisition, will provide an additional revenue stream to Greencore USA's Food to Go category and will complement our existing businesses in Newburyport and Cincinnati."

For further information, please contact:

Imelda Hurley	Managing Director Finance	Tel: [phone]
Billy Murphy or Anne Marie Curran	Drury	Tel: [phone]
Rob Greening or Lisa Kavanagh	Powerscourt	Tel: [phone]

Greencore Group

§ A leading international producer of convenience food

§ Significant positions in the UK convenience food market across sandwiches, chilled prepared meals, chilled 
soups and sauces, ambient sauces & pickles, cakes & desserts and Yorkshire puddings

§ Extending presence outside the UK with an exciting  chilled prepared food businesses in the US

C O'LEARY

GROUP COMPANY SECRETARY

GREENCORE GROUP PLC

NO.2 NORTHWOOD AVENUE

SANTRY

DUBLIN 9

 

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