UK food manufacturer Symington’s has acquired Tanfield Foods.
The Ragu and Chicken Tonight maker said the deal was a “major boost” in creating value and investment in the convenience food category.
Tanfield Foods is a private label foods supplier and also manufactures foods under the Look What We Found brand. Managing director at Tanfield Foods Geoff Allison said while the firm had “come a long way” since its inception 10 years ago, it “needs to change to secure its future”.
David Salkeld, CEO at Symington’s, added: “The Tanfield Foods acquisition is a positive step forward in strengthening our position in branded convenience food and we welcome the people of Tanfield Foods to the Symington’s family. Our two companies have a proven track record of success in product innovation and brand development in these growing categories and working together we are very well placed to continue to surprise and delight our consumers.