Whitchurch Group in management buy-out deal
WHITCHURCH GROUP, the meat products supplier, is in negotiations which could lead to the sale of its remaining meat processing and pet food business to management.
The company has sold its catering business and certain property assets. In the event of the buy-out deal it will become a cash holding company.
The directors are seeking investment opportunities in other sectors and intend to seek an AIM listing soon.
- Financial Times 10/11/98 page 26 (News Digest)