Greencore buys sandwich business
Greencore Group has acquired The Sandwich Factory from Cranswick in a £15M deal to help boost its food-to-go business.
The acquisition will extend Greencore’s presence in the high-growth food-to-go category outside of its current core business with large grocery customers.
The Sandwich Factory operates from a single facility in Atherstone, Warwickshire. The manufacturer produces a range of food-to-go products for convenience stores and foodservice.
Greencore ceo Patrick Coveney said: “This acquisition makes strong strategic sense for Greencore, given our ongoing focus on the food-to-go market.
“The Sandwich Factory will extend our reach into customer channels in which we are currently under represented, notably convenience stores and the travel sector, and will also bring new product types into the Greencore portfolio.”