Associated British Foods, the UK group behind Kingsmill bread and Twinings tea, has added a bit of zip to its grocery basket with the acquisition of Patak’s, the Indian cuisine business. Dean Best reports.
UK-based food group Associated British Foods has bought Patak’s, the Indian cuisine business, for an undisclosed sum.
Associated British Foods today (24 April) posted a healthy rise in first-half profits as the company shrugged off a “disappointing” grocery performance.
UK-based manufacturer of Indian food, Patak’s, has appointed Rothschild to undertake a strategic review of how to best drive the future growth of the business.
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