Greencore Group PLC Completion of Sale of Molasses Businesses (3457H)
December 02 2020 - 11:52AM
UK Regulatory
TIDMGNC
RNS Number : 3457H
Greencore Group PLC
02 December 2020
2 December 2020
Greencore Group plc
Completion of Sale of Molasses Businesses
Further to its announcement of 28 July 2020, Greencore Group plc
('Greencore' or 'the Group'), a leading manufacturer of convenience
foods in the UK, today confirms that it has now completed the
disposal of its interests in its molasses trading businesses(1) to
United Molasses Marketing (Ireland) Limited and United Molasses
Marketing Limited.
For further information, please contact:
Patrick Coveney Chief Executive Officer Tel: +353 (0) 1
486 3313
Emma Hynes Chief Financial Officer Tel: +353 (0) 1
486 3307
Jack Gorman Head of Capital Markets Tel: +353 (0) 1
486 3308
(1) Premier Molasses Company Limited ("Premier Molasses") and
United Molasses (Ireland) Limited ("UMI")
About Greencore
We are a leading manufacturer of convenience food in the UK and
our purpose is to make every day taste better. We supply all of the
major supermarkets in the UK. We also supply convenience and travel
retail outlets, discounters, coffee shops, foodservice and other
retailers. We have strong market positions in a range of categories
including sandwiches, salads, sushi, chilled snacking, chilled
ready meals, chilled soups and sauces, chilled quiche, ambient
sauces and pickles, and frozen Yorkshire Puddings.
In FY20 we manufactured 619m sandwiches and other food to go
products, 116m chilled prepared meals, and 264m bottles of cooking
sauces, pickles and condiments. We carry out more than 10,000
direct to store deliveries each day. We have 16 world-class
manufacturing sites in the UK, with industry-leading technology and
supply chain capabilities. We generated revenues of GBP1.3bn in
FY20 and employ approximately 12,200 people.
We are headquartered in Dublin, Ireland. For further information
go to www.greencore.com or follow Greencore on social media.
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