Cranswick announces today that it has signed an agreement to acquire the entire issued share capital of Froch Foods Holdings Limited (“Froch Foods"). The agreed transaction is subject to the usual regulatory approvals.
Froch Foods is an added value processor of predominantly pork and poultry related products, it provides specialist processing capabilities to its flagship retail partner as part of the production of a range of bacon and cooked meats products. The business operates from a dedicated facility in Stourton, Leeds and employs 74 people. We look forward to welcoming the entire Froch Foods team to Cranswick and to working with them to develop the business further.
Adam Couch, Chief Executive Officer, commented:
"I am delighted to announce the acquisition of Froch Foods, a well‐invested added value processing business. The addition of Froch Foods is complementary to our existing bacon and cooked meats production capabilities and aligned to our continuous commitment to invest and expand in current categories, add additional capacity and drive efficiencies across the business.