ACQUISITION OF US SANDWICH BUSINESS
Greencore Group plc today announces the acquisition of On A Roll Sales Inc., a manufacturer of fresh sandwiches based in Brockton, south of Boston, Massachusetts. Gross assets of the business being acquired at 30 September 2010 were $3.4 million.
Commenting on the transaction, Greencore’s Group Development Director, Eoin Tonge, said: “On A Roll is a promising, growing business with a well diversified customer base of major retailers and convenience stores. This acquisition, will provide an additional revenue stream to Greencore USA’s Food to Go category and will complement our existing businesses in Newburyport and Cincinnati.”