BOYNE Valley Foods has acquired the Irish division of British food group Premier Foods for €41.4 million.

BROKERS are trying hard to link Kerry Group with Quorn, the branded non-meat subsidiary of British group Premier.

The chairman of Premier Foods today announced his intention to stand down after six years at the helm of the Mr Kipling-to-Hovis food producer.

The owner of Branston Pickle stocked up on some of Britain’s best known brands after agreeing the £1.2bn (€1.8bn) takeover of Hovis owner RHM today.

Hovis and Mr Kipling firm RHM today backed a £1.2bn (€1.8bn) takeover by Branston Pickle owner Premier Foods.