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Bedfordshire-based
specialist food processor, Parripak
Foods, a member of the William Jackson Food Group,
has
announced the
acquisition of Solway
Veg Ltd, which will become the company’s northern
operation.
This
acquisition means that Parripak can now deliver to customers anywhere
in the UK,
and provide
a maximum delivery turnaround time of 24 hours from placement of order.
Celebrating its 21st year in business, Parripak
is one of
the largest suppliers of freshly prepared vegetables to the ready meal
market. Prior to the acquisition the company had geographical
access to
65% of the food producing market; this has now increased to 95%.
Parripak’s managing director, Gavin McNally
explained the
benefits of the merger for their customers.
He said: “As a single source we can
now provide our customers with national coverage from both sites
offering an
extensive range of freshly prepared vegetables and fruits – a service
no other
competitor in the country can offer.
As well as improved customer
response time, we will also have a far greater networking
infrastructure. This
will provide significant cost savings through reduced transport costs
which in
turn will reduce food miles, a cause we take extremely seriously.”

Shared Synergy
Parripak and Solway are complementary businesses
and both
enjoy an excellent reputation for the quality and supply of freshly
prepared
products. They also share the same business model, ethos and
values as
well as customers and suppliers.
Added
McNally: “Many of our competitors are struggling but Parripak is
financially
secure, which is proven by this acquisition. Both Solway’s
managing
director, Simon Blair and I
are
confident that this deal will provide mutual benefits, enabling
significant
levels of growth to further strengthen the operation.
We
have exciting
plans in
place for the future and I am delighted to say that Simon will join
Parripak’s
board of directors and will remain a key part of the
business.”
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