Kepak to acquire majority holding in family-run Cavan pork producer

Kepak Group is to acquire a majority shareholding in pork and bacon producer McCarren & in Co Cavan.

Subject to approval by the Competition Authority, the McCarren family is to remain as minority shareholder, thus continuing a five-generation association.

The management said the future for the business has been put on a more secure footing, supporting the staff of about 180 people and the livelihoods of all the pig suppliers to McCarren.

Kepak Group managing director, John Horgan, said: “We look forward, subject to Competition Authority approval, to working with the staff and suppliers at McCarren and to integrating the business into the Kepak chilled meat business.”

The investment will complement Kepak’s existing chilled meats strategy, which is focused on developing sales within the domestic and EU retail and foodservice markets.




Breaking Stories

Sky Betting to be snapped up by Canadian firm in £2.5bn deal

Solution needed for traffic situation, says Cork Chamber of Commerce

Kingspan sees ‘sluggish’ start

Bank of Ireland faces barrage of criticism over branches

Lifestyle

New father’s life ‘changed forever’ after he was run over by surgeon

The biggest cancer killer will take your breath away

Hopefully she had an idea...

Power of the press: Meryl Streep and Tom Hanks discuss 'The Post'

More From The Irish Examiner