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Article: Cranswick to acquire Bowes processing op.(news: FRESH FOOD)(Bowes of Norfolk Ltd.)(Brief article)
- Article from:
- Grocer
- Article date:
- April 11, 2009
CopyrightCOPYRIGHT 2009 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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Pork specialist Cranswick aims to strengthen its processing operations by acquiring family business Bowes of Norfolk.
Some 620 staff at the Bowes pork-processing operation will transfer to Cranswick if the 17.2m [pounds sterling] deal is given Competition Commission approval, which is expected late June.
Under the agreement, Bowes' arable farming business will be retained by family members, while the pig-rearing business will be sold back to a Bowes management buyout team that will ...