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Bakkavor hummus maker changes mind over stock market listing

From BBC - November 10, 2017

Food processor Bakkavor, the UK's biggest hummus maker, has decided it will list its shares on the UK stock market after all.

Just last Friday, the company, which supplies a range of prepared and fresh foods to UK supermarkets, said it would abandon listing plans as the market was "too volatile".

However, it now says it will now list its shares on the London Stock Exchange at a price of 180p each.

That values the firm at just over 1bn.

Bakkavor's fresh prepared foods include dips, sauces, soups, salads and pizzas, which it sells under the own brands of Tesco, Marks and Spencer, Sainsbury's and Waitrose.

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