Privet Capital acquires Polestar in buyout
Buyout firm Privet Capital has bought Polestar Foods Ltd for an undisclosed amount.
The purchase was made in order to prevent the collapse of the company.
Polestar was launched in 2009 through the merger of two frozen dessert companies from Heinz backed by Bank Leumi. The frozen sweets manufacturer is based in the UK with businesses in Leamington, Warwickshire and Okehampton.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Diana Petrowicz on +44 20 7004 7505 or diana.petrowicz@incisivemedia.com
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