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Bank of Scotland Ireland provided the debt finance and the working capital needed to develop the expanded group. The deal will return Jacob's to Irish ownership and unite a number of well-established domestic brands in the one stable. Its other divisions are responsible for Chef sauces, Silvermints and Scots Clan sweets. He stressed that the company viewed the purchase as a long-term investment.
The statement also said it was waiting for regulatory approval for the purchase of the Jacob's business in Britain and Northern Ireland. See a sample. Please update your payment details to keep enjoying your Irish Times subscription. Jacob's bought up by Irish business Wed, Aug 4, ,
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