Bloors Sold to Karro
Bloors Sold to Karro
Transaction
Overview
Spayne Lindsay & Co. advises on the sale of T S Bloor & Sons Ltd to Karro Food Group.
Spayne Lindsay is delighted to announce that it has advised on the sale of T S Bloor & Sons Ltd, one of the UK’s leading quality ham producers, to Karro Food Group, the leading supplier of British pork to the retail, trade and foodservice industries, and a portfolio investment of CapVest.
Established for more than 100 years, TS Bloor & Sons offers an extensive range of matured, traditionally crafted hams which are roasted, steamed or simmered the old-fashioned way in open water. Following a £6.5m investment in a state-of-the-art 37,000 sq ft factory in Leicestershire, the company currently cooks up to 13,000 hams a week in British Retail Consortium approved premises.
“It is exciting to join forces with a market leader for the next step in the growth story at TS Bloor. As well as our existing range we are looking forward to offering new products to our customers through the combination of Karro’s high welfare pork supply and 130 year old Wiltshire brine with our newly invested facilities. This will only serve to strengthen our position in the market place.
Spayne Lindsay’s expertise and professionalism helped achieve a fantastic result for myself and the Shareholders at Bloors”.
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