Following completion of its £205m acquisition the meat-free business of Premier Foods, Exponent Private Equity has announced the creation of a new international food company, Quorn Foods. Headquartered in Stokesley,
Tag "Quorn"
Premier Foods is selling its meat-free business, which manufactures and sells products under the Quorn and Cauldron brands, to Exponent Private Equity and Intermediate Capital Group for £205m. The business
Premier Foods has confirmed that it has received bids for its meat-free business, incorporating the Quorn brand, from a number of parties, including multinational food groups and private equity firms.
Premier Foods, the UK’s largest domestic food processor, has received approaches that may or may not lead to a sale of its meat free business, including the Quorn brand. The