Northern Foods sell Dalepak to IFP; food jobs saved
In a deal reported to be worth around £6.4 million, Northern Foods has sold frozen food firm Dalepak to meat processing group Irish Food Processors (IFP).
The Dalepak subsidiary, based in Yorkshire, has not been performing quite as well as expected and only represents approximately 2 - 3 per cent of Northern Foods' total turnover. A spokesperson for the group has said that Northern wants to focus more on its "core business areas".
IFP is one of the largest processors of beef in Europe, employing more than 2,000 food job workers over 15 UK locations. The IFP empire already encompasses three convenience food subsidiaries - Freshlink Foods, Eatwell UK and Wessex Foods - but bosses are planning to add the newly-purchased Dalepak to this list. An IFP representative spoke of the Dalepak deal, saying that the opportunity fitted in perfectly with the company's plans.
The deal with Northern Foods involves the purchase of the Dalepak factory in Leeming Bar, North Yorkshire, where 243 food job workers are currently employed. These employees need not worry about job security, however, as IFP have promised that all positions will be safeguarded.
An IFP spokesperson even hinted that there may potentially be more food job opportunities opening up as a result of the deal, saying:
"The intention is very much to expand Dalepak; this is very much about expansion."
The Dalepak subsidiary, based in Yorkshire, has not been performing quite as well as expected and only represents approximately 2 - 3 per cent of Northern Foods' total turnover. A spokesperson for the group has said that Northern wants to focus more on its "core business areas".
IFP is one of the largest processors of beef in Europe, employing more than 2,000 food job workers over 15 UK locations. The IFP empire already encompasses three convenience food subsidiaries - Freshlink Foods, Eatwell UK and Wessex Foods - but bosses are planning to add the newly-purchased Dalepak to this list. An IFP representative spoke of the Dalepak deal, saying that the opportunity fitted in perfectly with the company's plans.
The deal with Northern Foods involves the purchase of the Dalepak factory in Leeming Bar, North Yorkshire, where 243 food job workers are currently employed. These employees need not worry about job security, however, as IFP have promised that all positions will be safeguarded.
An IFP spokesperson even hinted that there may potentially be more food job opportunities opening up as a result of the deal, saying:
"The intention is very much to expand Dalepak; this is very much about expansion."
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