2 Sisters Food Group can confirm the completion of the sale of its Manton Wood sandwich business to Samworth Brothers.
Following confirmation of our intention to sell on October 31, the transaction received CMA clearance in December and has now been finalized, allowing the business to focus on strengthening its core operations.
The facility, located at Manton Wood, Nottinghamshire, produces a range of retailer chilled sandwiches, wraps and rolls.
Ranjit Singh, President of Boparan Holdings Ltd, said: “We are pleased this transaction proceeded smoothly and completed as we expected.
“It is significant deal and marks another positive step forward in the transformation of our business.
“It further strengthens our balance sheet and demonstrates we are following through with our promises and focusing on our key strengths.
“I wish all former colleagues at the site every future success.”
Ronald Kers, CEO of 2 Sisters Food Group, added: “This sale is another important step in our journey to become a streamlined and high performing business. We have much more to do but we are progressing well.”