Hovis stays in British hands: Private equity firm buys 134-year-old bakery business

A private equity firm has bought the 134-year-old bakery brand Hovis after winning a £100million bidding war with the Italian food firm Newlat. The historic business has been purchased by Endless LLP from joint venture owners Gores Group and Mr Kipling-owner Premier Foods for an undisclosed sum. Premier Foods said it will receive £37million in … Read more