Premier Foods sale of Brookes Avana

08-12-2011

On 8 December 2011, Premier Foods announced it had reached agreement with 2 Sisters Food Group to sell its Brookes Avana business comprising of RF Brookes chilled foods and Avana Bakeries for a cash consideration of £30 million.

The agreement represents an important step in streamlining the Group’s portfolio to focus investment behind eight Power Brands and dispose of selected businesses further enabling it to deleverage the business.

Premier Foods 2 Sisters Food Group