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UK: Greenvale’s parent company sees operating profit fall

Produce Investments, known for its Greenvale business in Scotland, has reportedly been blighted by a massive over-supply of potatoes which have dented group profits. The company posted revenues of £188 million, with operating profit of £6.1 million, down from £7.8 million. Promethean Investments LLP is currently in the process of buying Produce Investments. The company said it had a solid[Read More...]

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