FDBusiness.com

Ornua to Acquire UK Cheese Business

 Breaking News
  • Hilton to Purchase 50% of Leading Vegetarian Manufacturer Hilton Food Group, the leading specialist international food packing business supplying major food retailers in Europe and Australia, has agreed to purchase a 50% shareholding in Dalco Food, a leading vegetarian product manufacturer based in Oss, the Netherlands. Hilton has agreed to enter into a joint venture agreement with Dalco’s shareholders, which includes an option [...]...
  • Great British Cheese Awards Winners Announced The winners of the Great British Cheese Awards have been announced. The Great British Cheese awards were established three years ago to celebrate the best of British cheese produced and distributed by independent cheese makers and retailers and this year, both established artisan brands and new cheesemakers have taken top awards. The category winners are: Artisan Producer – Tenacres, [...]...
  • Over 90% of Sampled Salt Brands Globally Found to Contain Microplastics Over 90% of sampled salt brands globally were found to contain microplastics, with the highest number coming from salt sourced in Asia, according to a new study co-designed by Kim, Seung-Kyu, Professor at Incheon National University and Greenpeace (www.Greenpeace.org) East Asia.[1] The study, which has been published in Environmental Science & Technology, a peer-reviewed scientific journal, [...]...
  • Ardgowan Unveils Plans For Inverclyde Distillery Ardgowan Distillery has revealed ambitious designs for its new £12 million distillery which is being built on the Ardgowan Estate near Inverkip, 30 miles west of Glasgow. The plans showcase the flagship building which has just secured revised planning consent from Inverclyde Council. The striking new design, by Michael Laird Architects, brings a number of improvements [...]...
  • HKScan Launches Exports of Finnish Poultry Products to Sweden HKScan, the Nordic food and meat group, has started exporting Finnish poultry products to Sweden. They will initially be sold through the largest retailer ICA’s outlets under the Karinäs®(Kariniemen®) brand. The launch gives Swedish consumers access to a new innovation: high welfare farm-born poultry that is hatched on the farm where it is raised. This new concept is [...]...

Ornua to Acquire UK Cheese Business

Ornua to Acquire UK Cheese Business
January 26
09:15 2017

Ornua, Ireland’s largest exporter of Irish dairy products, has signed an agreement to acquire F.J. Need (Foods) Ltd, a cheese ingredients company based at Cheshire in England, for an undisclosed sum. Established over 40 years ago, the family run cheese company includes a well-invested cheese cutting, grating and slicing facility, two cheese brands and a distribution fleet. The acquisition is central to Ornua’s strategy of further strengthening its core businesses in Germany, North America and the UK. F.J. Need’s strong competences will also strengthen Ornua’s UK business’s capabilities in the post Brexit environment. Completion of the acquisition is subject to UK competition approval.

F.J. Need supplies a comprehensive range of British and Irish cheese ingredients to the foodservice and food manufacturing sectors. Ornua has been a supplier of high quality Irish cheese to F.J. Need for many years and the acquisition will strengthen this important supply channel. F.J. Need’s cheese production facility currently produces 16,000 tonnes per annum. Ornua believes that there is significant potential to expand this capacity to take advantage of the rapidly growing foodservice market for cheese ingredients both in the UK and in international markets. This potential for expansion into new sectors, including leveraging Ornua’s existing export routes to market, is a key benefit identified by Ornua in concluding the transaction.

Kevin Lane, chief executive of Ornua.

Kevin Lane, chief executive of Ornua, says: “This acquisition will be another important milestone in Ornua’s growth as a global supplier of quality dairy products. We are buying an excellent family dairy business which allows us to significantly strengthen our presence in the UK ingredients sector. The complementary nature of our customer bases and the potential to further scale the business makes this a strong fit for Ornua.”

The F.J. Need acquisition will be the latest in a series of significant investments by Ornua, targeting new routes to market for Irish dairy products. The last two years has seen Ornua invest in acquisitions and significant capital expenditure in Africa, China, Germany, Ireland, Saudi Arabia, Spain, the UK and the US. It comes soon after the recent acquisition of US powder ingredient business CoreFX.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • October 21, 2018Int'l Food Products Exhibition (Sial)
  • October 25, 2018Italian Espresso Coffee Show (TriestEspresso Expo)
  • October 25, 2018Finnish Food Fair
  • October 31, 2018Int'l exhibition for food products and equipment (Indagra Food)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements