AB Foods picks up Jordans stake

The founding family of British cereals firm Jordans has sold a stake in the business to Kingsmill owner Associated British Foods, it emerged today.

AB Foods picks up Jordans stake
Fri, 14 Sep, 2007 - 16:34

The founding family of British cereals firm Jordans has sold a stake in the business to Kingsmill owner Associated British Foods, it emerged today.

Brothers Bill and David Jordan will retain an 80% holding in the company after the sale of the 20% stake for an undisclosed sum.

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CourtsBusinessHeathrowPlace: Biggleswade, BedfordshirePlace: BiggleswadePlace: BedfordshirePlace: Ivel ValleyPlace: UKPerson: JordansPerson: Brothers BillPerson: David JordanPerson: BillPerson: George WestonOrganisation: AB FoodsOrganisation: KingsmillOrganisation: Associated British FoodsOrganisation: JordansOrganisation: TwiningsOrganisation: OvaltineOrganisation: Silver SpoonOrganisation: Primark
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