LDC Acquires Uniq's French Unit

UK-based food group Uniq has agreed to sell its French frozen and chilled prepared food business Marie to French poultry group LDC in a deal worth EUR73mn (US$mn). The move comes after Uniq revealed it was looking to refocus on its home market and the firm will use the proceeds to pay down debt, address its pension deficit and invest in its other units. For LDC the move represents an opportunity to strengthen its value-added

To read the full article, please choose one of the following options: