Our client, PK Food Concepts, a portfolio company of Stage Capital, has sold its food-to-go activity and manufacturing facility located in West Drayton to Greencore.
The 40,000sqm facility, which produces hot and cold food-to-go products for customers in the retail, foodservice, travel and leisure channels, will provide Greencore with the additional manufacturing capacity it needs to meet its growth targets within the food-to-go market.
Following the sale, PK Food Concepts will focus on its remaining Pasta King division, the leading provider of branded meal solutions to the education sector in the UK.