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Finsbury Food Group, which acquired Coatbridge-based Lees earlier this year, has accepted an acquisition offer from Frisbee Bidco, a subsidiary owned by Isle of Man asset management firm DBay Advisors, in a deal valued at £143.4 million.
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UK speciality bakery manufacturer Finsbury Food Group Plc has acquired North Lanarkshire-based Lees Foods Limited in a deal worth £5.7 million. Established in 1931, Lees employs more than 200 staff at its site in Coatbridge, Scotland. Lees has a large UK market position in the manufacture of m
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