Cranswick Plc (CWK.L), a UK-based food products company, on Monday announced the acquisition of Kingston Foods Limited, a producer of premium cooked and roasted meat products. The terms of the deal were not disclosed.
Kingston had gross assets of 3.7 million pounds as of January 27.
The company noted that the acquisition of Kingston strengthens its cooked meat production capabilities, further diversifies its product range in a growing market and broadens its customer base.
Tony Turner and Paul Williams, the vendors, will continue in their current positions as managing director and operations director respectively, the company noted.
Click here to receive FREE breaking news email alerts for Cranswick PLC and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org