date:Aug 08, 2012
Phoenix, which manufactures dry power products, was jointly owned by David Manning and Andrew Ducker and the Leeds-based private equity investor Endless.
Mike Kirby, md of Speciality Powders, which is based at Knaresborough in North Yorkshire, was not prepared to disclose how much he paid for the business.
He said: Phoenix Foods produces dry powder products such as hot chocolate and custard, which is very similar to the type of products we produce at our plants in Yorkshire and in the Nether