A food producer has sold a loss-making Shropshire factory in a multi-million pound deal. More than 500 people manufacture dairy products at the Eden Vale plant at Minsterley, which Northern Foods has sold to Uniq for �16m.
The move follows the Northern Foods' sale of its Telford-based Emile Tissot subsidiary last week.
The Minsterley factory made an operating loss of nearly �4m during the last financial year.
Northern Foods director Sean Christie said the poor results were caused by a reduction in turnover that followed the sale of the Ski and Munch Bunch brands to Nestl� two years ago.
The factory currently employs 520 people producing dairy desserts, yoghurt, fromage frais and cottage cheese, which are sold mostly under the Marks & Spencer and Asda brands.
The new owner Uniq employs about 3,500 people in the UK at 10 sites and owns the brand-names Buxted and Smedleys.
It is also a major supplier to the fast food chains KFC and Burger King.
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