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UK's Indian food brand Patak's for sale
Date of posting: 14-03-07
      Indian food brand Patak's of UK is for sale. The brand of spices is considering a sale of part or all of its business, valued at GBP 200 mn.

       Patak's which turns 50 this year, has appointed Rothschild to review strategic options for the development of its business and future ownership, just months after a family feud over the ownership was settled. Patak's had sales of GBP 67 mn last year, and is exporting to over 40 countries.

      Patak's, UK's leading manufacturer of pickles, sauces, and ready-to-eat Indian food, is owned and run by 54-year-old Kirit Pathak and his wife Meena, who has developed the widely sold original tandoori sauce in the bottle.

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