Kepak, the Irish supplier of foodservice solutions and ready-for-market convenience foods. has announced the acquisition of Summit Foods, a UK-based specialist in frozen and chilled foods.
Kepak is a leading meat producer with 15 plants across Ireland and the UK, serving brands including Rustlers, Big Al’s, Celtic Beef, McIntosh Donald, Watergrass Hill, Black Angus, and Hereford Beef.
Commenting on the deal, Kepak Foods CEO Brian Farrell said: “This acquisition aligns with our growth strategy, developing our presence in the UK convenience and out-of-home food channels. Summit’s portfolio of fresher for longer sandwiches, chilled and frozen meals & snacks complements our existing micro snacking offerings and allows us to deepen our presence across these markets”.
Summit Foods, which has annual revenues of £24 million ($30.48 million) and a team of 200 employees, will retain its current headquarters in Preston post-acquisition.
Source: Kepak