date:Jul 31, 2012
The business, which includes the Sarsons, Haywards and Dufrais brands, was sold for 41M on a debt-free and cash-free basis, in a deal that was agreed in mid-June.
All three of the brands are manufactured mainly at a factory in Middleton, Manchester, and all employees at the site are expected to transfer to the buyer.
Sarsons and Haywards are leaders in their respective categories of malt vinegar and pickles in vinegar, and Dufrais is the number two brand in speciality vinegar.
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