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Pilgrim's Agrees to Acquisition of Walkers Deli & Sausage Company

PPC
  • Pilgrim's Europe has agreed to acquire Walkers Deli & Sausage Company from Samworth Brothers, subject to approval by the Competition and Markets Authority & employee consultation in the UK.
  • Walkers is a historic premium pork producer established in 1824, operating from four facilities in Leicester with approximately 1,150 employees.
  • The acquisition strengthens Pilgrim's Europe's position in the UK food industry & expands its capabilities in value-added premium pork categories.
  • Pilgrim's currently supplies raw pork to Walkers, making the deal a natural strategic fit that enhances their existing supply relationship.
  • Walkers' portfolio includes premium sausages, sliced cooked meats, cooked bacon, snacking products, & pâté, serving leading UK retailers.
  • Pilgrim's Europe CEO Fabio Sandri stated the transaction supports long-term growth ambitions & creates value for customers, team members, & shareholders.
  • Pilgrim's Europe President Ivan Siqueira highlighted the opportunity to strengthen the integrated supply chain & serve customers across the UK more effectively.
  • Samworth Brothers CEO Simon Wookey noted the sale allows the company to focus investment on Food to Go, Savoury Pastry, Meals, & its brand portfolio.
  • Immediate priorities following completion include supporting Walkers' colleagues through the transition & maintaining high service & quality levels.
  • Pilgrim's Europe employs over 17,000 team members across 40+ sites in the UK, Ireland, France, & the Netherlands.
  • Samworth Brothers is a fourth-generation family business with a turnover of £1.8bn & more than 12,000 colleagues across the UK & Ireland.