Brake Bros, which supplies most of the UK catering industry, has been sold to US private equity group Bain Capital for an estimated £1.4bn after a bidding war. The sale has resulted in significant profits for former owner, private equity company Clayton Dubillier and Rice, which bought it four years ago for £434m. Brake Bros posted profits before interest, tax and depreciation of £109m on sales of £1.67bn last year. The Daily Telegraph 30/6/07 page 34 (Business) The Guardian 30/6/07 page 41 (Financial)