Greencore could sell malting business

GREENCORE, which has developed a major footprint in the convenience food sector in Britain, is likely to sell its malting business to the French Soufflet Group.

The Irish Examiner understands a deal worth €120 million could be on the cards with Soufflet, but that has been denied.

Chief executive Patrick Coveney, said yesterday: “We don’t have an offer from them.”