date:May 16, 2012
The Feltham-based frozen food firm was put up for sale by private equity firm Permira, which owns Iglo. A bid of 2.5bn has been made by Thai food manufacturer CP Foods, according to press reports.
CP Foods is Thailands largest food manufacturer, with sales of about 7.5bn. It already has a UK factory in Newmarket, Suffolk supplying own label foods for supermarkets such as Tesco and a site in Hartlebury, Worcestershire.
Julian Wild, food group director at legal firm Rollits, told FoodManufactu