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The refinancing will improve free cash flow within the business, 2 Sisters said

2 Sisters makes further progress on turnaround plan

By Rod Addy

2 Sisters Food Group has secured a £475m bond and an £80m revolving credit facility, representing a successful refinancing of the business and enabling it to boost financial performance and generate further cash.

Descheemaeker: 'Long-term value creation'

Nomad Foods swoops on Findus Switzerland

By Rod Addy

Nomad Foods Ltd has agreed to acquire Findus Switzerland from Froneri International and certain intellectual property from an affiliate of Nestlé SA for €110m (£97.7m).

The agreements have been made in order 'to build the best added-value chilled food company in the UK'

Double acquisition heralds chilled foods mega-merger

By Rod Addy

Addo Food Group and Winterbotham Darby have been acquired by private equity firm PAI Partners for undisclosed sums, with the aim of merging the two to create a significant force in chilled foods.

The Hovis brand is 134 years old

Analysis

Hovis acquisition builds Endless bakery portfolio

By Rod Addy

Endless LLP's acquisition of Hovis builds its bakery presence, with the bread brand joining cake manufacturer Bright Blue Foods in the private equity firm's portfolio and opportunities for synergies, one financial adviser claims.

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