Catering products and supplier Henderson Foodservice is set to acquire Ireland-based BD Foods to expand its business in the country.
Established in 1993, BD Foods offers a wide range of frozen and dry goods to the premium foodservice sector across Ireland.
The deal is a part of the foodservice company’s future strategy and expansion plans, including a £25m investment in new facilities, staff and business development.
According to Henderson, the transaction will strengthen its product portfolio in the hotel and high-end restaurant business.
Henderson Foodservice managing director Damien Barrett said: “The acquisition is an exciting time for us as a business. BD Foods is a terrific company with a strong reputation and like the Henderson Group, is a family run business with a positive work ethos and is a significant employer in its locality.
“Our purchase of BD Foods also presents substantial opportunities for us to increase our customer base across the island of Ireland.”
BD Foods will continue to operate as a stand-alone company following the transaction and will retain its corporate name and identity. Henderson will retain the staff and management of BD Foods.
Henderson Foodservice chief financial officer Ron Whitten said: “This exciting acquisition is a key milestone in the investment strategy for the Henderson Group that will help drive growth in new markets.
“We look forward to investing in the business to create product and distribution synergies that will complement both companies.”