date:Jul 26, 2022
Premier Foods is acquiring 100% of The Spice Tailor shares. The Spice Tailor is an authentic Indian and South East Asian meal kit and accompaniment brand. On a cash and debt-free basis, the purchase price amounts to 43.8 million (US$52.5 million).
The Spice Tailor is expected to generate revenue of 17.3 million (US$20.7 million) in the 2022/2023 financial year.
The Spice Tailor is popular with consumers who like scratch cooking and value the strong authentic flavor profiles the products produ