Cranswick in £7.3m Wombwell deal

  Last Updated: Wednesday 2nd of February 2011 08:51:00 PM +0800HKT

Food products business Cranswick has acquired its Wombwell premises in a £7.3m deal. The site housed one of the Hull-headquartered company's cooked meats facilities.

Cranswick said the move would "further strengthen its asset base".

In addition to the acquisition of the Barnsley property, Cranswick said it had set up a new abattoir at its pork processing site and extended the Lazenby sausage facility in Hull.

Work was also commissioned at the company's air-dried bacon site at Sherburn-in-Elmet, near Leeds.

In a statement to the Stock Exchange hailing a "positive trading performance", Cranswick said it had increased its underlying like-for-like sales by 5 per cent during the last three months of 2010.


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