Irish Pride Bakeries is reportedly an acquisition target for Gores Group-owned Hovis, after the firm went into receivership last month.

Local publication, The Wexford People, said suppliers and transport companies had been told a deal is under way. Irish Pride appointed KPMG as receivers of the company on 11 June.

Irish Pride employs 340 people across two sites in Taghmon, Co Wexford, and Ballinrobe, Co Mayo.

KPMG declined to comment when approached by just-food. Gores Group could not be reached for comment at time of press.

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