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Hubbards not for sale

Published: 10:54AM Tuesday July 22, 2008 Source: Newstalk ZB

Hubbards Foods is not going to be sold.

For the past three months the company has been testing the water with a number of suitors to a tune rumoured to be between $30-40million.

Former Auckland Mayor and chairman Dick Hubbard started the brand in 1988.

He says it would have been too painful a decision to make such a final separation with the company.

Hubbard says due to confidentiality agreements he is unable to say who was looking at the business, or what they were offering.