date:May 31, 2012
agement team the breathing space to restore the firm's fortunes, focusing on developing its eight 'power brands'. However, they argued that further disposals of secondary own-label brands, including bakery, on top of those already made would be necessary to reduce the debt burden.
Over the past year and a half, Premier has disposed of a number of businesses, including meat-free brands Quorn and Cauldron Foods to private equity buyers in January 2011, followed by the sale of its East Anglian can