‘Business Vikings’ in line for payday as deal agreed to create £4bn UK food giant

Icelandic brothers’ ready meal firm Bakkavor to be taken over by sandwich maker GreencoreBusiness live – latest updatesTwo Icelandic brothers, described as “business Vikings”, are in line to make millions after their ready meals company, Bakkavor, agreed a takeover deal with the competitor Greencore, in a move set to create a £4bn food-to-go giant.Greencore, the UK’s largest sandwich maker, said it had agreed to buy its rival Bakkavor in a deal valuing the company at £1.2bn. Continue reading...

Apr 2, 2025 - 10:03
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‘Business Vikings’ in line for payday as deal agreed to create £4bn UK food giant

Icelandic brothers’ ready meal firm Bakkavor to be taken over by sandwich maker Greencore

Two Icelandic brothers, described as “business Vikings”, are in line to make millions after their ready meals company, Bakkavor, agreed a takeover deal with the competitor Greencore, in a move set to create a £4bn food-to-go giant.

Greencore, the UK’s largest sandwich maker, said it had agreed to buy its rival Bakkavor in a deal valuing the company at £1.2bn. Continue reading...