Reassurance for 500 staff after food firm is taken over

The Kerry Foods site in Fulney Lane, in Spalding.
The Kerry Foods site in Fulney Lane, in Spalding.
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Hundreds of staff at a Spalding food factory are being reassured about their futures after the business was acquired by a new owner.

More than 500 people work at Kerry Foods, in Fulney Lane, and which has just been taken over by Pork Farms for an undisclosed sum.

The formal merger of the companies has been given the go ahead by industry watchdog, the Competition and Markets Authority (CMA)

The deal was originally announced last August but held up after it was referred to the CMA.

Now the CMA has given the merger the green light, which means the Kerry Foods site will become part of a group with sales of about £1 billion a year.

The CMA said the new combination would not affect prices or quality of “hot pies, cold pies, sausage rolls, pasties and slices”.

A spokeswoman for Pork Farms said: “We are currently talking to staff and reassuring them about the future.

She added: “The first steps for the business following the CMA clearance will be to fully integrate the two new sites and all employees into the wider business.

Chris Peters, group managing director of Pork Farms Group, said: “The CMA’s decision marks the start of an incredibly exciting new time for our business and our employees.

He added: “This decision and our acquisition of Kerry Foods gives our business greater capabilities and opportunities for the future.”