Cranswick plc
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| Type | Public (LSE: CWK) |
|---|---|
| Industry | Food |
| Founded | 1974 |
| Headquarters | Hull, UK |
| Key people | Martin Davey, (Chairman) Bernard Hoggarth, (CEO Food) Derek Black (CEO Pets) |
| Revenue | £740.3 million (2010)[1] |
| Operating income | £45.9 million (2010)[1] |
| Net income | £32.5 million (2010)[1] |
| Website | www.cranswick.plc.uk/ |
Cranswick plc (LSE: CWK) is a large British producer of foods and pet products. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
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[edit] History
The company was founded by Jim Bloom, Mike Field and twenty-one other East Riding of Yorkshire farmers producing pig feed in 1974 under the name Cranswick Mill. It subsequently diversified into food production. It was first listed on the London Stock Exchange in 1993.[2] It also diversified into pet products in 1993 with the purchase of George Buckton.[3]
[edit] Acquisitions
- 2001: Continental Fine Foods,[4]
- 2005: Perkins Chilled Foods for £81 million[5]
- 2006: Delico, a cooked meats producer, for £18 million.[6]
- 2010: Bowes of Norfolk
[edit] Operations
The Company is a producer of foods and pet products:
- Foods: fresh pork, gourmet sausages, charcuterie, sandwiches and dry-cured bacon
- Pets: bird and small animal food, marine fish and aquatic products
