Greencore to sell troubled water business to Highland Springs for €19m

CONVENIENCE food and malting group Greencore is to sell its water business to Highland Springs for €19.6 million.

Up to €11.2m is payable on completion of the deal expected to be finalised by the end of April 2010.

Greencore Water is based in Scotland and supplies own-brand water to the British market from facilities at Campsie Springs in Scotland and Blaen Twyni in Wales.