Further to its announcement of 15 October 2018, the Board of Greencore Group plc (LON:GNC) today announced that the sale of its entire US business, Greencore US, to Hearthside Food Solutions LLC completed on 25 November 2018.
Greencore Group plc Completion of Sale of Greencore US
- Written by: Charlotte Edwards
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Greencore and Bakkavor announced that the UK Competition and Markets Authority has completed its Phase 1 review of their proposed merger, raising no competition issues across about 99% of the combined group’s activities.
Greencore grew Q3 FY25 revenue 9.9% to £511.1m, with volumes and mix up 6.8% and inflation recovery of 3.1%. Service levels remained high at 99.3%. The Group now expects FY25 Adjusted Operating Profit of £118–121m, above earlier guidance.
