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ABF Buys Dorset Cereals Brand
date:Jun 09, 2014
her until the acquisition closes.

The group, however, did say that it does not expect to close Dorset's manufacturing operations:

We can confirm that our intention would be to maintain Dorset Cereals' existing manufacturing base in Poundbury, Dorset.

While the company did not state the purchase price, it is understood that the group paid around 50 million (US$83.8m) to purchase the brand.

Commenting on the rumours, Panmure Gordon analyst, Graham Jones, told just-food that the Dorset Cereals

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