This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/uk-england-22350928
The article has changed 3 times. There is an RSS feed of changes available.
| Version 0 | Version 1 |
|---|---|
| Northallerton-based R&R ice cream bought for reported £715m | Northallerton-based R&R ice cream bought for reported £715m |
| (35 minutes later) | |
| The ice cream manufacturer which makes brands including Fab lollies has been bought for a reported £715m. | |
| R&R Ice Cream, based in North Yorkshire, makes brands like Nestlé and Skinny Cow and has been bought by private equity group PAI Partners. | R&R Ice Cream, based in North Yorkshire, makes brands like Nestlé and Skinny Cow and has been bought by private equity group PAI Partners. |
| The company has its head office in Northallerton, and sites in Leeds, West Yorkshire and Bodmin, Cornwall. | The company has its head office in Northallerton, and sites in Leeds, West Yorkshire and Bodmin, Cornwall. |
| R&R is considering closing the Leeds site but said it hoped to avoid job losses among the site's 135 workers. | R&R is considering closing the Leeds site but said it hoped to avoid job losses among the site's 135 workers. |
| The firm's main site in Leeming Bar, Northallerton employs about 665 people. | The firm's main site in Leeming Bar, Northallerton employs about 665 people. |
| The Bodmin factory has about 30 permanent staff. | The Bodmin factory has about 30 permanent staff. |
| 'Avoid redundancies' | 'Avoid redundancies' |
| In a statement about the Leeds review R&R said the Crossgates factory was "in need of considerable investment". | In a statement about the Leeds review R&R said the Crossgates factory was "in need of considerable investment". |
| "We hope to avoid redundancies as there will be job opportunities at Leeming Bar for all staff working at Crossgates, should they choose to take them," a spokesperson added. | "We hope to avoid redundancies as there will be job opportunities at Leeming Bar for all staff working at Crossgates, should they choose to take them," a spokesperson added. |
| A 45-day consultation is under way with staff. | A 45-day consultation is under way with staff. |
| R&R's senior management team will continue to lead the business after the acquisition, said PAI. | R&R's senior management team will continue to lead the business after the acquisition, said PAI. |
| James Lambert, chief executive of R&R, said the company was excited to be working on the "next phase of development". | James Lambert, chief executive of R&R, said the company was excited to be working on the "next phase of development". |
| Founded in 1985 as Richmond Ice Cream, in the early years it had just five employees. | Founded in 1985 as Richmond Ice Cream, in the early years it had just five employees. |
| In 1998 Richmond merged with Treats Group plc, a Leeds-based ice lolly manufacturer. | In 1998 Richmond merged with Treats Group plc, a Leeds-based ice lolly manufacturer. |
| It acquired Nestlé Ice Cream's UK business, including Fab, in 2001. | It acquired Nestlé Ice Cream's UK business, including Fab, in 2001. |
| In 2006 the business was merged with German ice cream manufacturer Roncadin GmbH to form R&R Ice Cream. | In 2006 the business was merged with German ice cream manufacturer Roncadin GmbH to form R&R Ice Cream. |
| It recently launched brands across 10 European countries. | It recently launched brands across 10 European countries. |
| PAI has offices in Paris, Copenhagen, London, Luxembourg, Madrid, Milan and Munich. | PAI has offices in Paris, Copenhagen, London, Luxembourg, Madrid, Milan and Munich. |