Corporate financier appointed to sell Stonegate egg business

Noble Foods has instructed leading corporate financers Livingstone Partners to manage the sale of Stonegate after the recent Competition Commission ruling to demerge the Stonegate business from Noble Foods.

Company chief, Michael Kent, highlighted that: “Stonegate has one of the best-invested packing centres in Europe, and is a leading producer and packer of caged, free-range and organic eggs to many of the major retailers in the UK.”

Mark Stott, finance director of Noble Foods said: “Having already received a number of approaches, we anticipate a successful conclusion over the coming months.”

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