date:May 17, 2019
new capabilities and competencies. In the financial year ended 31 December 2018, revenues were 42m and the business made a loss of 1m at an EBITDA level.
The acquisition of Blueberry is a strong strategic fit and will build on Bakkavors position in chilled desserts, providing both additional capacity and new capabilities such as hot desserts.
The acquisition is conditional on completion of a TUPE process with affected employees and of other customary pre-closing conditions. It is expected to c