AB Foods to boost agri-food unit with $60 million bolt-on

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1970-01-01 08:00

LONDON Associated British Foods, the owner of retailer Primark and a major sugar and ingredients business, said on

LONDON Associated British Foods, the owner of retailer Primark and a major sugar and ingredients business, said on Tuesday it had agreed to buy dairy techology company National Milk Records for 48 million pounds ($59.7 million) to boost its agri-food unit.

($1 = 0.8035 pounds)

(Reporting by Sarah Young; Editing by Kate Holton)