10. Whitworths buys Carr’s Flour Mills for £36M
The tenth biggest deal in the food and drink manufacturing sector was the sale of food and engineering group Carr’s flour milling business, Carr’s Flour Mills, to Whitworths Holdings, in September for a £36M price tag.
The sale – which totalled almost £25M after adjustments for working capital and net debt in Carr’s –allowed Whitworths access to Scotland, the southeast and the north of England for the first time.