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Cranswick buys Yorkshire pig farm

The acquired businesses 'process' around 2,600 pigs per week

Cranswick PLC -

Cranswick PLC (LON:CWK) has acquired a Yorkshire pig farming and rearing business which has been a supplier for the past 25 years. 

The FTSE 250 group has bought the Buckle family’s indoor reared pig farming business as well as the other half of the White Rose Farms joint venture that Cranswick and the Buckles set up in 2018.

READ: Cranswick brings home the bacon with profit upgrade

No financial information on the deal has been disclosed, just that the two parts of the acquisition ‘process’ around 2,600 pigs per week. 

Cranswick said that this deal and the acquisition of free range and outdoor pigs specialist Packington Pork in December, means it now processes more than 30% of its own pork in the UK. 

Rick Buckle will join Cranswick as managing director of White Rose Farms, as the nw addition will be called.

House broker Shore Capital said it expected White Rose Farms to steadily build its rearing herd over time.

Quick facts: Cranswick PLC

Price: 3654 GBX

LSE:CWK
Market: LSE
Market Cap: £19.06 m
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