Scottish poultry producer on verge of sale
Scottish chicken, pork and beef producer Grampian Food
Country Group is on the verge of passing into foreign hands, with at least three
firms preparing bids for control of the group.
The company is the biggest supplier of meat and poultry to the UK's
supermarkets and was forced into a sale amid mounting levels of debt.
Dutch meat producer Vion and global pork and poultry-producing giant Sadia,
of Brazil, are vying with CCMP, the American private equity firm, for control of
A sum of Â£400 mln (€529 mln) is expected to be
involved in the transaction. Grampian, owned by its 64-year-old millionaire founder Fred Duncan, is seen
by analysts to be an attractive asset as it is still a market leader in the
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