Premier Foods gets out of pickle

Premier Foods, the struggling food manufacturer, has completed the previously announced sale of its vinegar and sour pickles, including the Sarson's, Hayward's and Dufrais brands to Japanese firm Mizkan.

Premier Foods, the struggling food manufacturer, has completed the previously announced sale of its vinegar and sour pickles, including the Sarson's, Hayward's and Dufrais brands to Japanese firm Mizkan.

The business was sold for a cash consideration of £41m on a debt free and cash free basis.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.