date:Aug 24, 2012
ICL is an own-label chilled ready meals business based in Consett, County Durham with a turnover of 45M. Most of its sales are to existing Greencore customers, said Greencore.
Clive Black, analyst at Shore Capital, told FoodManufacture.co.uk:ICL fits in pretty well with Greencores existing business. The deal gives it increased capacity in prepared foods at an affordable price.
Their existing prepared foods facilities were pretty fully utilised, so the extra capacity will be useful. It hasnt