Cranswick, the UK food producer, announces today that it has acquired the whole of the issued share capital of CCL Holdings Limited (“Crown”) and its 100% owned subsidiary Crown Chicken Limited from the Thacker family and management. The cash consideration was £40 million, funded from existing bank facilities.
Continued positive trading during the final quarter. The Board continues to expect to report a trading performance for the year ended 31 March 2016 in line with its expectations.
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The Group finished the year with a strong financial quarter. The Board expects to report a trading performance for the year ended 31 March 2015 in line with its expectations.
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Cranswick, a leading UK food producer, announces that it has acquired the whole of the issued share capital of Benson Park Limited ("Benson Park").
Benson Park is a leading producer of premium British cooked poultry. It supplies ingredients to customers which operate in the fast growing food to go sector of the retail multi-channel, convenience and foodservice markets. This strategic acquisition moves Cranswick into a new protein sector broadening both the Group’s product range and its customer base.