UK firm Tangerine Confectionery is eyeing the Monkhill sweets business owned by Cadbury Schweppes.
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Blackpool-based Tangerine today (5 July) confirmed its interest in buying Cadbury’s Monkhill, which makes brands including Butterkist popcorn.
Cadbury first announced plans to sell Monkhill last year but a fire at the popcorn production facility held back the sale.
“There is an interest (in Monkhill) but I can’t comment further,” a spokesman for Tangerine’s owners, private equity group Close Growth Capital, told just-food.
A Cadbury spokesperson said the process of selling Monkhill has been re-started but she refused to be drawn on the level of interest in Monkhill or whether any bids for the company have been lodged.
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