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Tuesday 26 September 2017

Cargill, Faccenda to establish 50-50 poultry JV in UK


Cargill and Faccenda Foods have agreed to establish a joint venture to create a leading UK food company focused on chicken, turkey and duck. The new company will have the capability to respond to changing customer needs in the retail and food service sectors with a strategy for growth.
Cargill’s fresh chicken business in the UK is going to join Faccenda’s fresh chicken, turkey and duck business to form this new company. The new joint venture will be a standalone business, with Cargill and Faccenda taking an equal shareholding.
It brings together two complementary businesses with a track record of success, shared values and a strong reputation in the UK poultry market.
Andy Dawkins, managing director for Faccenda Foods, will be appointed CEO of the newly formed company. Chris Hall, fresh chicken director for Cargill Meats Europe, will be appointed chief commercial officer of the new joint venture.
The new business plans to employ approximately 6,000 people in the UK, with employees coming from both parent companies. It will operate across multiple agriculture and operational centres, with broad capabilities that span the supply chain focused on operational excellence and customer, focused partnerships.

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