Premier Foods completed the acquisition of The Spice Tailor for £72m.

Premier Foods, a British food manufacturer, completed the acquisition of The Spice Tailor, a premium, authentic Indian and South East Asian meal kits and accompaniments brand, for £72m. "We have greatly admired The Spice Tailor business for some time and we're very much looking forward to it joining our existing stable of strong brands. The acquisition is well aligned to our growth strategy and we see a clear opportunity to build on the excellent track record of The Spice Tailor, by leveraging the elements of our proven branded growth model. This acquisition represents a highly complementary geographical fit, and we see significant potential to expand The Spice Tailor's distribution in all our target markets. We see this as another important milestone for us following the Group's strong performance over recent years and The Spice Tailor is an important addition to accelerate our future growth plans," Alex Whitehouse, Premier Foods CEO.