European group eats up £24m-turnover food business
Food group Orchard Valley has been bought by a Norwegian group that already has a "robust position" in the ice cream ingredients and accessories segment in the UK.
Orkla Food Ingredients - which is part of Orkla, the group that paid £55m for paint brush manufacturer L G Harris last May - has acquired 85% of the Worcestershire business for an undisclosed sum. It also has an option to purchase the remaining 15%.
Orchard Valley was founded in 2004 and now employs 72 people at Tenbury Wells, where it has its head office and product... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
