date:Jul 07, 2012
f its debt of 1bn, which was built up through the acquisition of a number of brands including Homepride and Fray Bentos.To lower its debt, Premier Foods announced last year that it would focus on eight 'power brands' Hovis, Mr Kipling, Ambrosia, Sharwoods, Oxo, Loyd Grossman, Bisto and Batchelors, and divest select businesses.