Bakkavor Completes China Exit in $69M Deal - USA Herald

Bakkavor Completes China Exit in $69M Deal - USA Herald

In a decisive pivot that marks the end of a global chapter, Bakkavor Group PLC, the UK-based giant in the ready-meals sector, has finalized its exit from China, sealing a $69 million agreement to sell its last remaining Chinese unit — a move with all the drama of a high-stakes corporate chess match. The FTSE 250-listed company, known for supplying culinary staples like pizzas and salads to British grocery titans Tesco, Waitrose, and Marks & Spen…

Bakkavor exits China with sale of operations to local firm

Fresh products supplier Bakkavor, which is the subject of a takeover proposal by peer Greencore, is selling its operations in China.The post Bakkavor exits China with sale of operations to local firm appeared first on Just Food.

Bakkavor sells China operations for £50m

UK fresh food producer, Bakkavor, has agreed to sell its Chinese business to Lihe Xing (Qingdao) Food Technology Company in a £50m deal.

Bakkavor sells China business for £50m

Bakkavor has entered into a binding agreement to sell its China operations to Chinese firm Lihe Xing (Qingdao) Food Technology Co.

Bakkavor to sell China operations in £50m deal

Food manufacturer Bakkavor Group has entered into a binding agreement to sell its China operations in a £50m deal. The sale of the entire issued share capital of Bakkavor China…