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Evening Standard
Evening Standard
Holly Williams

Greencore edges forward in £1.2bn Bakkavor deal after agreeing to sell factory

Greencore Bakkavor United Kingdom CMA
Supermarket sandwich maker Greencore has made efforts to keep costs under control (Greencore/ PA) -

Supermarket sandwich supplier Greencore’s £1.2 billion deal to buy rival Bakkavor has taken a step forward after the UK’s competition watchdog provisionally accepted the firm’s proposal to sell off its sauces and soups factory.

The Competition and Markets Authority (CMA) said it was planning to accept the measure put forward by the two firms to allay its concerns over the takeover.

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