Perkins sells fresh unit to Greenery for 123.6m

03 March 1998

Perkins sells fresh unit to Greenery for £123.6m

PERKINS Foods has agreed to sell its fresh produce unit to Greenery International for £123.6m and return £45m to shareholders.

The sale includes Disselkoen the fresh produce exporter. However, the deal must be approved from the Netherlands and German merger authorities.

Perkins unveiled full-year pre-tax profits up from £23.5m to £28m on sales up from £466.2m to £626.8m.

Greenery International is the sales and marketing arm of the Dutch growers co-operative. Perkins Foods makes the bulk of its sales in Continental Europe.

  • Financial Times 03/03/98 page 28

  • The Times 03/03/98 page 29, page 30 (Tempus)

  • The Daily Telegraph 03/03/98 page 24

  • The Scotsman 03/03/98 page 25

  • The Independent 03/03/98 page 21

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