Kepak and Oliver Carty join forces to acquire Greene Farm Foods
Food groups Kepak and Oliver Carty have joined forces to form a joint venture company to acquire a majority shareholding in Greene Farm Foods, in Co. Westmeath.
8 December 2016 | 0
Food groups Kepak and Oliver Carty have joined forces to form a joint venture company to acquire a majority shareholding in Greene Farm Foods, in Co. Westmeath, the Irish Examiner has reported.
Managing director of Greene Farm Foods, which manufactures sa range of cooked convenience meats for the retail and foodservice channels, said the company plans to continue as a specialist producers. “In particular,” he said, “we will continue to develop the Greene Farm brand. It will also bring a new developmental style to our site.”
Speaking about the deal, Kepak’s managing director John Horgan said the deal will “unlock significant commercial and operational synergies for all our shareholders and for the supply chain stakeholders.”
Kepak is a processor of Irish beef, lamb and pork, while Oliver Carty markets a wide range of pork and bacon products in the Irish food service and retail markets. Its managing director, Todd Carty said the partnership is a logical strategic development for his company, allowing it to accelerate the launch of new product ranges.