Symington’s Acquires Tanfield Foods
UK convenience food manufacturer Symington’s has acquired ready meals producer Tanfield Foods for an undisclosed sum. Consett-based Tanfield Foods produces own label products for UK retailers and ‘Look What We Found’, the Ilumi free-from brand. The deal further strengthens Leeds-based Symington’s position in the ambient convenience food category.
The Symington’s portfolio includes national and international brands such as Ainsley Harriott, Ragu, Chicken Tonight, Aunt Bessie’s, Jane Asher, Mugshot and The Food Doctor.
David Salkeld, chief executive of Symington’s, says: “The Tanfield Foods acquisition is a positive step forward in strengthening our position in branded convenience food and we welcome the people of Tanfield Foods to the Symington’s family. Our two companies have a proven track record of success in product innovation and brand development in these growing categories and working together we are very well placed to continue to surprise and delight our consumers.”
Geoff Allison, managing director of Tanfield Foods, says: “Tanfield Foods has come a long way since its inception nearly 10 years ago but needs to change to secure its future. I am delighted with the Symington’s deal as a combination of their strong retail relationships and extensive brand portfolio alongside our highly skilled team, top quality production facilities and modern packaging formats will drive rapid sales growth. We are looking forward to helping develop further the ambient convenience food sector. It’s exciting times ahead.”
