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.
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.