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July 6, 2018

Henderson Foodservice to buy BD Foods in Ireland

Catering products and supplier Henderson Foodservice is set to acquire Ireland-based BD Foods to expand its business in the country.

Catering products and supplier Henderson Foodservice is set to acquire Ireland-based BD Foods to expand its business in the country.

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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.

“This exciting acquisition is a key milestone in the investment strategy for the Henderson Group.”

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.”

Free Report
img

The critical role of sustainability for Foodservice success in the 2020s

Consumers have radically re-thought their priorities in recent years and changed their habits for the good of the planet, starting to hold companies accountable for their ESG activities. These changes are set to be significant hallmarks of the Consumer Landscape in the 2020s. In order to appease consumers’ new concerns, meeting these new sustainability imperatives will be crucial for the recovery of the Foodservice industry. Consumers are expected to use ESG criteria much more actively in their selection of Foodservice brands to engage with. Download GlobalData’s free report to:
  • Understand the range of ESG challenges currently facing the Foodservice sector
  • Gain insight into consumers’ expectations via consumer survey deep dives
  • Learn from foodservice operators and brands who are already successfully embracing ESG strategies
Stay ahead of consumer concerns and rise to meet them. Download the report now.
by GlobalData
Enter your details here to receive your free Report.

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