UK-based private-label supplier Bakkavor has declined to comment on reports it is preparing to float the company.
According to a report in The Sunday Times, Bakkavor is among “a pack of British companies exploring plans to join the market later this year with its long-term adviser Rothschild”.
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However, a spokesperson for Bakkavor told just-food today (16 January) the business had no comment to make on the IPO “speculation”.
Last month, Bakkavor said it was stepping up a year-long recruitment push to meet what it said was continued “increasing demand” for its range of products. The company told just-food then it had invested in its Newark facility in Nottinghamshire “to increase capacity and strengthen our desserts capabilities”.
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