Weetabix chief welcomes Bright Foods takeover
China's Bright Food company has bought a controlling stake in Weetabix in a landmark deal that values the company at £1.2bn.
The company has been making cereals at its plant in Burton Latimer, Northamptonshire, since 1932.
Chief Executive Giles Turrell said the deal with Bright Food had secured the company's future.
03 May 2012
- From the section Northampton