Wragge & Co has won a first-time corporate instruction from Premier Foods, advising the UK's largest food producer on the £182m sale of its tinned grocery business to rival Princes. The sale sees Princes, which is owned by Japanese trading company Mitsubishi Corporation, take over Premier's 1,600-staff Canned Grocery Operations arm, which includes brands such as Crosse & Blackwell, Fray Bentos, Farrows and Smedley's.
February 11, 2011 at 08:21 AM
1 minute read
The original version of this story was published on Legalweek
Wragge & Co has won a first-time corporate instruction from Premier Foods, advising the UK’s largest food producer on the £182m sale of its tinned grocery business to rival Princes.
The sale sees Princes, which is owned by Japanese trading company Mitsubishi Corporation, take over Premier’s 1,600-staff Canned Grocery Operations arm, which includes brands such as Crosse & Blackwell, Fray Bentos, Farrows and Smedley’s.
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