UK-based dairy exporter Somerdale International has announced the acquisition of the blended cheese business of Abergavenny Fine Foods (AFF) for an undisclosed sum.
According to sources, the transaction includes AFF’s blended cheese processing assets, brands, and associated trademarks. The acquisition will help Somerdale to grow and develop its portfolio of blended cheeses internationally.
Somerdale is a leading UK exporter of British cheese and dairy products operating in over 50 countries and sales of more than £41m ($55m).
“We are delighted to have acquired the assets of AFF’s blended cheese business,” has commented on the acquisition Alan Jenkins, director of Somerdale International.
“In particular, it will strengthen our position as the leading exporter of British blended cheeses and, working closely with our award-winning cheese makers, it will enable us to give greater focus to the development of brands such as Red Dragon, which is already one of our largest-selling brands in the US market,” added Jenkins.
Source: Food Manufacture