M&A Deal Summary

Northern Foods Acquires Frozen Pastry Assets/Premier Foods

On October 1, 2007, Northern Foods acquired food company Frozen Pastry Assets/Premier Foods from Premier Foods

Acquisition Highlights
  • This is Northern Foods’ 1st transaction in the Food sector.
  • This is Northern Foods’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2007-10-01
Target Frozen Pastry Assets/Premier Foods
Sector Food
Buyer(s) Northern Foods
Sellers(s) Premier Foods
Deal Type Add-on Acquisition

Target

Frozen Pastry Assets/Premier Foods

United Kingdom
Frozen pastry market for the Upper Crust, Tiffany and McDougalls brands from Premier Foods plc.

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Buyer(S) 1

Buyer

Northern Foods

Leeds, United Kingdom

Category Company
Founded 1937
Sector Food
Employees9,472
DESCRIPTION

Northern Foods Limited produces and sells fast food products.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2007 M&A 1 of 1

Seller(S) 1

SELLER

Premier Foods

St Albans, United Kingdom

Category Company
Founded 1975
Sector Food
Employees4,137
Revenue 1.1B GBP (2025)
DESCRIPTION

Premier Foods is a manufacturer and distributer of branded and own label food products in the United Kingdom, other European countries, and internationally. It operates through grocery, sweet treats, and international segments. Premier Foods was founded in 1975 and is based in St Albans, the United Kingdom.


DEAL STATS #
Overall 2 of 9
Sector: Food M&A 1 of 8
Type: Add-on Acquisition M&A Deals 1 of 2
Country: United Kingdom M&A 2 of 7
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-01 Hovis

Wycombe, United Kingdom

Hovis operates baking and flour mills. The company produces a wide range of flours and bakery products using a blend of seeds and cereals for the craft and industrial bakers across the UK and Ireland. Hovis was founded in 1886 and is based in Wycombe, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-15 Quorn Foods

Westport, Connecticut, United States

Quorn Foods trades under the brands Quorn and Cauldron. Quorn is a UK market leader in meat-alternative foods and is one of the largest meat-alternative brands in the world.

Sell £205M