Baxters buys Fray Bentos
Scottish-based food manufacturer Baxters Food Group has bought Fray Bentos for an “undisclosed sum”, with plans to extend its reach into the ambient meat market.
Baxters chairman Audrey Baxter said: “Fray Bentos will provide an array of opportunities to develop our position in the UK market and internationally. We have many exciting ideas to revitalise the brand as we aim to secure a strong foothold in the canned meat market.
“Manufacturing of the Fray Bentos products will transfer over the next 12 months to our Fochabers production facility. A substantial capital investment programme has also been approved to enable all the plant, machinery and production lines to be housed on-site,” she added.
Baxters, which produces soups, sauces and preserves, recently expanded to Canada and Australia, and invested in a new-build Polish manufacturing operation.