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UNQUOTE
  • Consumer

ICG-backed Symington's acquires Victoria Foods

  • Carmen Reichman
  • 25 June 2012
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ICG portfolio company Symingtonт€™s, a convenience food manufacturer, is understood to have bought family baking business Victoria Foods.

Symington's is majority-owned by its management, which acquired its stake in the ICG-backed secondary buyout from Bridgepoint Capital earlier this month. ICG owns 49.9% of the business.

Victoria Foods is a supplier to the UK home baking sector. Similarly to Symington's, it has a portfolio of own brands and also supplies speciality brands including Nestle, Jane Asher and Peppa Pig baking mixes.

The business was established in 1982 and is based in Leigh.

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