Sale of Cranberry Foods to Faccenda Group
On 1st May, our client, Cranberry Foods, was acquired by Faccenda Group, one of the UK’s leading poultry suppliers.
Cranberry Foods, the UK’s second biggest turkey producer, supplies the UK’s leading supermarkets, and food service sector. The company has 750 employees and a turnover of c£100m. Its factory sites include processing plants in Scropton, Derbyshire and Abergavenny, South Wales while its farming operation stretches from Yorkshire to South Wales.
Faccenda Group is a privately owned family business that has been a leading supplier of fresh chicken products for 50 years. It employs 2,000 people in hatcheries, farms, feed mills and processing plants across the UK. The deal will see Faccenda become one of the UK’s largest food players with a turnover of c. £400 million.