Karro top food firm in annual ranking list
The company placed seventh in this year’s league table, jumping up the list from the 25th position it held last year, with sales of £638.9m and an operating profit of £20.9m.
Karro’s top 10 ranking followed its acquisition of Leicestershire-based TS Bloor & Sons earlier this summer, in a bid to grow its added-value pork production.
Commenting at the time, executive chair Di Walker said: “TS Bloor & Sons has an outstanding reputation in the market, led by managing director Charles Bloor.
‘Highly strategic move’
“The acquisition is a highly strategic move for Karro Food Group as we look to bring TS Bloor’s skills and artisan knowledge, together with the supply of our own pigs from high-welfare, RSPCA-assured farms.”
Other food and drink firms that made it onto this year’s league table include dairy processor Meadow Foods (32nd), manufacturer Edward Billington & Son (57th), Addo Food Group (91st) and DB Food Group (234th). The full list can be found here.
Independent brewer Brewdog was also listed as a Top Track 250 ‘one to watch’, having just missed the financial criteria to make this year’s list.
The brewer also featured in business consultancy BrandZ list of most valuable brands in the UK last month and has previously ranked in the Fast Track 100 list.
Mid-market growth companies
Published annually in October, the Sunday Times Grant Thornton Top Track 250 league table ranks Britain’s private mid-market growth companies with the biggest sales.
Companies looking to place on the league table need to have total sales of between £100m to £700m, up to £100m in profit, a minimum of 5% annual sales growth and between 50 to 5,000 members of staff.
Top of this year’s list was jewellery and watch retailer The Watches of Switzerland Group with sales of £685.2m, followed closely by communications services provider Daisy Group clocking in sales of £684.3m.
