Greencore is rumoured to be interested in acquiring Uniq

Greencore is rumoured to be interested in acquiring Uniq

Ireland-based convenience food group Greencore today (3 May) refused to comment on a report linking the business to a potential bid for Uniq, the UK sandwich and desserts maker.

Over the weekend, The Sunday Telegraph claimed Greencore was working with advisers from Barclays Capital to examine a move for Uniq, which is majority-owned by the trustees of its pension fund.

However, a spokesperson for Greencore, which missed out on buying UK rival Northern Foods after being trumped by chicken-and-fish processor Boparan Holdings, declined to comment when contacted by just-food.

Greencore has been linked to a number of food companies since its plan to merge with Northern fell through. As well as Uniq, Premier Foods plc's private-label unit Brookes Avana has been touted by analysts as a possible target for Greencore.

Last month, Uniq announced that its pension fund - which owns 90.2% of the company following a deal over its pension deficit - was looking to sell at least part of its stake.