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Article: Ruffling feathers: further consolidation in the poultry sector is certain as suppliers wrestle with rising costs and EU competition.(Mergers and acquisitions)
- Article from:
- Grocer
- Article date:
- October 9, 2004
- Author:
CopyrightCOPYRIGHT 2004 William Reed Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The last three months have seen significant changes in the structure of the meat and poultry market in the UK. OSI has made two UK acquisitions (GW Padleys and DoveValley) to add to its existing Moy Park business, based in Northern Ireland.
Meanwhile Flagship Foods, which was itself formed through the merger of Dalehead Foods and Roach Foods in 1999, has merged with Tulip, the UK subsidiary of Danish Crown. The combined organisation will have sales of dose to 1bn [pounds sterling].
All this recent activity follows on from Grampian's purchases of St Merryn in November 2003 and Uniq's UK poultry business in April, and there are a number of reasons why we ...