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Birmingham Post
Birmingham Post
Business
Jon Robinson

Restaurant supplier valued at almost £50m as takeover terms agreed

A restaurant supplier has been valued at almost £50m after a deal for Franchise Brands to acquire the listed business was recommended to shareholders.

Filta Group Holdings, which is headquartered in Rugby, has been valued at £49.8m after the deal was announced by the Macclesfield-based buyer.

The move comes after Franchise Brands snapped up Azura Group in November 2021.

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