Disposal

RNS Number : 7732I

Premier Foods plc

30 July 2012

 



Monday 30 July 2012  

Premier Foods plc

("Premier Foods" or the "Group")

PREMIER FOODS COMPLETES SALE OF ITS VINEGAR AND SOUR PICKLES BUSINESS TO THE MIZKAN GROUP

Further to the announcement of 15 June 2012, Premier Foods is pleased to confirm that it has now completed the disposal of its vinegar and sour pickles, including the Sarson's, Hayward's and Dufrais brands to Mizkan for a cash consideration of £41 million on a debt free and cash free basis, subject to a post completion stock adjustment.

-Ends-

For further information, please contact:

Premier Foods plc                                                                01727 815850

Lisa Attenborough, Group Director of Communications

Richard Godden, Head of Investor Relations

Maitland                                                                                 020 7379 5151

Tom Buchanan                      

Brian Hudspith

 

END

 

 

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