Management and ICG are buying the firm from private equity house Bridgepoint Development Capital.
Headquartered in Leeds, Symington’s is a UK manufacturer of branded and own label convenience foods, supplying a number of UK grocery retailers.
David Salkeld, CEO of Symington’s, said: “These are tough but exciting times for the grocery market, and we want be sure that Symington’s continues to play a leading role through category and product innovation and continued investment in its product and retailer brand plans.”
Source: Symington’s
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