date:Jul 19, 2012
akeover deal was completed earlier this month.
34M in cash
Elephant Atta, previously a subsidiary of Premier Foods, was sold to ABF for 34M in cash on July 6.
The sale included the UKs leading brand of ethnic flour, Elephant Atta, plus Chakki Gold and Fassel manufactured and packed mainly at the groups mill in Southampton.
The business had sales of 17.4M last year and generated earning before interest, tax, depreciation and amortisation (EDITDA) of 6.4m.