Faccenda turkey supplier truck

The creation of a joint venture between Faccenda Foods and the UK poultry arm of US meat giant Cargill is a step closer after the deal was approved last week by the CMA. The jv would employ 6,000 people in the UK, and have the capacity to process 223 million birds a year.

Faccenda said it was “excited” the deal had been cleared, and would provide a “solid platform for innovation and growth, bringing together two complementary businesses”.