Under the terms of the disposal, ownership of the facility will transfer to Müller and the co-packing arrangement for Cadbury chilled desserts will terminate.
Cash consideration will be £4.3m, plus an amount for stock.
The disposal is expected to complete at the start of January 2013, by which time the transfer of production of other premium desserts lines and related manufacturing equipment to Evercreech will have been completed.
This would then conclude the restructuring of the chilled desserts business, which Greencore acquired from Uniq in September 2011.
Source: Greencore
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