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Bakkav?r plans more food launches after Tesco deal
date:Jun 08, 2012
s of the own-label manufacturer as it neared the completion of its restructuring programme.

Bakkavr had now converted nearly 400M of debt into equity, said Gates. The firms banking facility runs until June 2014.

Relocated to the UK

Also, at the end of last month, the firms parent company Bakkavr ehf had relocated to the UK forease of administration.

Earnings before interest, tax, depreciation and amortisation climbed 9% to reach 23M.

Gates welcomed the greater involvement in the firm of the

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