Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Majority
molasses
Food Products
Ireland
Friendly
Private
Disposal
Cross Border
Completed
Synopsis
United Molasses Marketing, the holding company of a group of business involved in the global trading and marketing of molasses, completed the acquisition of the molasses trading businesses of Greencore Group, a manufacturer of convenience foods in the UK, for $20m. The proceeds will be used to further strengthen Greencore Group's balance sheet. The transaction is subject to the approval of relevant anti-trust authorities.
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