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Value £100,000,000
Summary
Warburtons has acquired the former Rathbones bakery in Wakefield from Morrisons as part of a £100m investment, which includes a makeover of its gluten-free site at Newburn and a new distribution centre.
Summary of transaction details:
- Value: £100m
- Sector: Consumer Goods
- Advisor: Not disclosed
- Key Entities: Warburtons, Morrisons, Rathbones bakery
- Location: Wakefield, UK
Note: This acquisition is part of Warburtons' strategy to expand its production capabilities and upgrade its existing facilities, demonstrating the company's commitment to investing in its business and increasing its presence in the UK bakery market.
Lead Investor / Acquirer
Warburtons
Advising Broker
Undisclosed Firm
Related Deals in Consumer Goods
Established prioritisedOriginal Source
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