Dutch company Zwanenberg Food Group has bought a “controlling” stake in UK hot dog maker Westlers Foods.
The deal marks the second change of ownership at Westlers in under three years.
Management bought Westlers in January 2011 backed by private-equity firm Rcapital, rescuing the company from administration.
Westlers, which productes canned and pouched food products for brands including Multi Menu, Tyne, BigMex and Wayfayrer, had called in the administrators in December 2010 after being unable to fund its pension scheme.
In an announcement yesterday (27 November), Zwanenberg said its deal, for an undisclosed sum, “draws together the experiences and natural synergies of both companies who share a common technological and customer background”.
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By GlobalData