Greencore Group plc today announced the acquisition of UK based ‘The Sandwich Factory’ from Cranswick plc.

The Sandwich Factory operates from a single facility in Atherstone, Warwickshire, where it produces a range of food-to-go products for distribution in the convenience store and food service channels. 

The Sandwich Factory’s net revenue from manufactured products in the financial year ended 31 March 2016 was £42m.

Greencore CEO Patrick Coveney commenting on the transaction, 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.”

“We are delighted to be adding more capacity to our manufacturing network, and to be welcoming new colleagues to our business.” He added.

Source: www.businessworld.ie