Greencore will concentrate on Britain following US exit

Greencore will concentrate on Britain following US exit
Patrick Coveney, chief executive of Greencore Picture: Fergal Phillips

Sale of US interests ends decade-long foray that began when Coveney became chief executive

Greencore chief executive Patrick Coveney has said the company will not diversify and won’t be “bounced” into takeovers following its exit from the United States.

Coveney said Greencore will concentrate on the British market, where it makes three out of every five sandwiches consumed, but may expand into other product categories.

Speaking after the company completed the $1 billion sale of its entire American food division, just two years after quadrupling its US presence,...

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