Announced
Completed
Financials
Tags
Completed
Food Products
Friendly
bread
bakery products
United Kingdom
Acquisition
Single Bidder
Private
Private Equity
Disposal
Majority
Cross Border
Synopsis
Private equity firm Endless completed the acquisition of Hovis, a 134-year-old bakery brand, from Premier Foods, a British food manufacturer, and The Gores Group, a global private equity firm. Financial terms were not disclosed. “Hovis is the instantly recognisable British bread brand with a strong and established heritage. We were extremely impressed by the management team and have great confidence in supporting and investing in its future as Hovis looks to achieve further expansion within the bakery category,” Francesco Santinon, Endless Partner.
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