Food groups Kepak and Oliver Carty have formed a joint venture company to acquire a majority shareholding in Greene Farm Foods, in Ballygarvey, Rathowen, Co Westmeath.
Ken Greene, managing director of Greene Farm Foods, said: “We will continue to be specialist producers of premium sliced cooked meats, and in particular we will continue to develop the Greene Farm Brand. It will also bring a new developmental dynamic to our site.”
Greene Farm Foods processes and markets a range of cooked convenience meats into the retail and foodservice distribution channels, mostly in Ireland.
John Horgan, Kepak managing director, said: “This joint investment in Greene Farm Foods will unlock significant commercial and operational synergies for all the shareholders and for the supply chain stakeholders.”
Kepak Group is a processor of Irish beef, lamb and pork; it also has a significant portfolio of own brand and branded convenience foods. It has an EU and international sales reach to a diverse range of retail and foodservice customers.
Oliver Carty processes and markets a wide range of pork and bacon products also predominantly into the Irish retail and foodservice distribution channels.
Ted Carty, managing director of Oliver Carty, said: “This joint venture represents a logical strategic development for Oliver Carty: This investment, along with our partner Kepak Group, will enable us to accelerate the launch of new product ranges.”
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