A large poultry processor based in Brackley has announced both a merger and the sale of land used by Banbury United Football Club.
Faccenda Foods has agreed to join with Cargill to create a leading UK food company focused on chicken, turkey and duck.
Cargill’s fresh chicken business in the UK is going to join Faccenda’s fresh chicken, turkey and duck business to form this new company. The new joint venture will be a standalone business, with Cargill and Faccenda taking an equal shareholding.
It brings together two complementary businesses with a strong reputation in the UK poultry market. Andy Dawkins, managing director for Faccenda Foods, will be appointed chief executive officer of the newly formed company.
Chris Hall, fresh chicken director for Cargill Meats Europe, will be appointed chief commercial Officer. The Brackley plant will remain a key part of the supply chain and investment to modernise the plant will take place over the next few years.
Read more at: http://www.banburyguardian.co.uk