From its origins in the canned food industry, Premier Foods has continually expanded and acquired new brands to the point where our products can now be at the centre of almost every meal in the UK.
We became part of the Hicks, Muse, Tate & Furst Group in 1999 to allow us to grow on a larger scale. The acquisition of Nestlé's ambient food business in 2002 brought favourites like Branston, Crosse & Blackwell, Sarson's and Sun Pat into the fold and established Premier Foods as one of the country's leading food manufacturers.
In July 2004, Premier was successfully floated on the London Stock Exchange, with an initial market capitalisation of £526 million.
Since the floatation, we have pursued our strategy of organic branded sales growth combined with improved operating efficiency.We have continued to re-shape our brand portfolio with the acquisitions of Birds custard and Angel Delight in February 2005, the market leading meat alternative 'Quorn' in June 2005 and the disposal of our tea business.