Princes buy Premier

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FOOD giant Princes has confirmed the purchase of the Long Sutton canning operation of Premier Foods.

The village factory employs about 850 people and cans products for major brands including Branston and Batchelors, and has been acquired alongside Premier Foods’ canning operation in Wisbech.

The acquisition will see Princes’ annual revenues approaching £1.5bn, 4,500 employees and 13 production sites.

We first revealed the deal in February.