UK-based Real Good Food has announced the sale of its snack bar subsidiary Brighter Foods to The Hug Group for £43 million. Brighter Foods is a manufacturer of healthy snack bars for global confectionery, wellness, and breakfast food brands. The deal will allow Real Good Food to reduce debt, pay some of its pension deficit and provide working capital to support its growth. Mike Holt, Real Good Foods executive chairman, …
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Real Good Food
Fresh prepared food provider Bakkavor Group is to acquire Haydens Bakery from Real Good Food for £12 million. The deal is subjected to adjustment in relation to levels of working capital and net debt. This comprises £9.6 million in cash and £2.4 million of existing finance leases. Founded in 1976, Haydens Bakery is a manufacturer of sweet bakery products for UK’s grocery retailers operating from two facilities in Devizes in …
Bakery and baking aids manufacturer Real Good Food has bought ISO2 Nutrition from the administrators of Cre-8tive Health Ltd for a nominal amount, according to an article in New Food Magazine. ISO2 Nutrition, one of the main suppliers within the British sports supplements market, has a portfolio of bodybuilding supplements, whey protein and sports nutrition products, which will be added into Real Good Food’s Garrett Ingredients unit. Real Good Food’s executive chairman …
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