SHARE

Greencore agrees to acquire Bakkavor

Greencore has completed its £1.2bn acquisition of Bakkavor, creating a major player in the UK convenience food market with combined revenues of nearly £4bn. This follows a revised proposal from Greencore after Bakkavor initially rejected its first offer.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.