Tuesday, July 8, 2014

News: Underwood makes another acquisition

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Rotherham-based Underwood Meat Company Limited has completed its latest acquisition with the purchase of St Albans-based wholesale butcher business, Butlers, for an undisclosed amount.

Underwood Meat Company previously operated from two sites – at Rawmarsh Road in Rotherham, and Godalming in Surrey – and employs 150 people. From these premises, the company provides a wide variety of raw meat products to a range of blue-chip groups and independent catering customers throughout the UK.

Last year, the Sheffield office of Irwin Mitchell advised Underwood Meat Company on a deal with Country Park Foods which saw it acquire its Bramley Foods subsidiary. The deal resulted in Underwood Meat Company expanding into a new site on Chesterfield's Holmewood Industrial Park.

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Kevin Jones, finance director at Underwood Meat Company, said: "The Butlers business represents a great opportunity to expand our Godalming site, with a customer base which fits perfectly into our existing operation. Underwood Meat Company, with the Bramley Foods acquisition last year and the Butlers purchase this year, continues to grow, looking for the right opportunities to both compliment and develop our existing business model."

Matt Ainsworth, Corporate Partner at the Sheffield office of law firm Irwin Mitchell also advised Underwood Meat Company on the latest transaction.

Matt said: "Underwood Meat Company is an established and forward-thinking company which has continued to invest in its business and build market share. The newly acquired firm shares Underwood's high standard for quality, procurement and customer service and is a superb fit. I am delighted to support the company with this latest deal and wish the management team all the best in the future."

Underwood Meat Company website

Images: Underwood Meat Company

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