Pilgrim’s Food Masters begins trading following acquisition
Pilgrim’s Pride Corporation, the global food company with customers in more than 100 countries, has introduced Pilgrim’s Food Masters, the business formed following the completion of its acquisition of Kerry Group plc’s Consumer Foods’ Meats and Meals business for a cash consideration of €819 million (£704 million). Pilgrim’s Food Masters will continue to produce best-in-class convenience food solutions from its industry-leading manufacturing sites in the UK and Ireland.
The new name expresses Pilgrim’s Food Masters’ passion for creating outstanding-tasting food and commitment to world class innovation that meets the needs of changing consumer tastes. Under the Pilgrim’s Food Masters banner, the group will continue to innovate and help retailers unlock new opportunities to drive sales through trusted brands and products.
Nick Robinson (pictured above), CEO, Pilgrim’s Food Masters, will continue to lead the group’s 4,500 team members across the UK and Ireland and will seek to accelerate the current growth trajectory. Pilgrim’s Food Masters will remain headquartered in the UK with team members across 11 sites including facilities in the UK and Ireland, and an extensive distribution network in both countries.
Nick Robinson said: “This is the start of an exciting new chapter in our history as we join the Pilgrim’s family and we’re feeling confident and ambitious about what the future holds.
“We have a strong track record in delivering growth and as Pilgrim’s Food Masters we have the foundations of an already highly successful business. As one of the UK and Ireland’s leading food business, we remain committed to the communities and customers that we serve.
“I’d like to thank our valued customers, suppliers and partners for their ongoing support and trust in our business. As Pilgrim’s Food Masters, we will uphold our unwavering commitment to quality, service and value, and making a positive impact on the environment.”
Fabio Sandri, CEO, Pilgrim’s Pride Corporation, added: “We’re delighted to welcome new colleagues into the Pilgrim’s family who share our values and are passionate about sustainable growth. With a united vision to be the best and most respected company in our industry, we look forward to unleashing the expertise of the Pilgrim’s Food Masters team as they continue to innovate and create value in this exciting growth sector.”
