Pork Farms is embarking on a major period of integration after sealing the transformative deal to buy Kerry Foods’ chilled savoury pastry business this week.
The Nottingham-based pork pie manufacturer announced the acquisition for an undisclosed sum on Monday and will incorporate the facilities in Poole and Spalding into a new company led by Pork Farm’s management team.
The new Pork Farms Group will be headed by Chris Peters as group MD and Gareth Voyle as chairman.
The combined company’s headcount will almost double from 1,400 to 2,550; a spokesman said there were no plans for redundancies in the integration plans.
He added that the group was now considering further strategic options now the Kerry Foods deal was complete.
One of the options still under review is a buyback of four of its factories that were sold by Vision Capital after it bought the firm from Northern Foods in 2007.
However, such a deal - first mooted in summer 2013 - is not thought to be at a particularly advanced stage and is not believed to be a high priority for the group at the current time.