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May 2, 2019

German meat group Toennies buys UK firm C&K Meats

Toennies, the Germany-based meat processor, has snapped up another business in the UK, its second deal in the country in five months.

By Dean Best

Tönnies, the Germany-based meat processor, has snapped up UK business C&K Meats, its second deal in the country in five months.

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The deal, struck for an undisclosed sum, sees Tönnies follow its December acquisition of UK family-owned sausage maker Riverway Foods.

“In the last few years, we have been establishing ourselves in the British market and we will continue to do so,” Carsten Jakobsen, the chairman of Tönnies’ UK operations, said. “With C&K Meats we have found an excellent partner who has the potential to grow. We want to continue our policy of vertical integration in the UK and C&K Meats will enable us to achieve further growth.”

C&K Meats, based in Eye in Suffolk in eastern England, was set up by brothers Kevin and Chris Burrows in 1994.

It supplies beef, pork and lamb domestically and to export markets. According to the C&K Meats website, 42% of its products are sold outside the UK. The company’s “export market includes customers in Europe, Dubai, Hong Kong and Singapore”, the website reads.

C&K Meats’ facility in Eye covers 40,000 square feet. The business employs more than 100 staff.

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Free Whitepaper
img

What is the impact of historically high inflation on the UK consumer landscape?

The average UK consumer is experiencing a severe cost-of living crisis as inflation surges to a forty-year high and the price of goods continues to rise. This shock is the result of the sharply increasing costs of commodities, energy, and the ongoing conflict in Ukraine, and is threatening FMCG manufacturers, retailers, and foodservice operators’ ability to survive and grow. Inflation will have a profound effect on many consumer-facing industries in 2022 and beyond. Consult GlobalData’s new whitepaper, Inflation in the UK: The Impact of Historically High Inflation on the UK Consumer Landscape, to better understand shifts in consumer behavior and their impact on spending patterns, as well as the implications for UK businesses. This whitepaper covers:  
  • Why has global inflation returned with a vengeance?
  • What is the current inflation situation in the UK?
  • What impact is inflation having on UK retail sales?
  • What tactics are businesses relying on to tackle the effects of high inflation?
  • How are consumers changing their behaviors to cope with the higher cost of living?
  • Which industry sectors are most vulnerable to reduced consumer demand?
  • How is the government responding to high inflation?
  • How long will high inflation last in the UK?
  • How can your company survive and thrive in a high inflation environment?
Enter your details here to receive your free whitepaper and ready your business for these increasingly uncertain times.
by GD50 Custom
Enter your details here to receive your free Whitepaper.

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