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Bakkavor sells ready meals business in Czech Republic

By Mike Stones+

20-Dec-2013

Fresh prepared foods specialist Bakkavor has sold its ready meals operation in the Czech Republic for an undisclosed sum
Fresh prepared foods specialist Bakkavor has sold its ready meals operation in the Czech Republic for an undisclosed sum

Fresh prepared foods manufacturer Bakkavor has sold Heli Food Fresh, its ready meals operation in the Czech Republic, for an undisclosed sum.

The sale to Yazico Investments and Axentia Financial Consultants was not deemed to be a material disposal for the group.

Chilled and pasteurised ready meals

Heli Food Fresh manufactures chilled and pasteurised ready meals for the Central European retail market. All Heli Food Fresh workers will transfer with the business to its new owners.

Agust Gudmundsson, Bakkavor ceo, said: “This sale is another important step for the group as part of our strategy to focus on the markets which offer us the best opportunities for growth.”

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