Trade Resources Industry Views Cranswick Wins a Pound 30M Contract to Become Asda's Main Fresh Pork Supplier

Cranswick Wins a Pound 30M Contract to Become Asda's Main Fresh Pork Supplier

Meat firm Cranswick has fought off still competition to win a pound 30M contract to become Asda’s main fresh pork supplier.

Cranswick Wins Pound 30m Asda Pork Deal

An Asda spokeswoman told FoodManufacture.co.uk: “We have moved the majority of our pork business into Cranswick which will operate from a facility in Hull.”

Cranswick is to open a new packing plant in Hull – which will create about 100 jobs to meet demand from the retailer.

Cranswick secured the deal after Dutch multi-national meat firm Vion decided to sell its UK food businesses.

Impressive growth

Meanwhile, the meat firm delivered “impressive growth” in the three months to December 31 – despite soaring pig prices according to City analysts.

The firm posted 7% underlying sales growth in the three months to 31 December. That was driven by volume growth, which Panmure Gordon estimated was about 6%.

Taking into account the acquisition of Kingston Foods, sales growth was 8% and volume growth about 7%.

Source: http://www.foodmanufacture.co.uk/Business-News/Cranswick-wins-30M-Asda-pork-deal
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Cranswick Wins Pound 30m Asda Pork Deal