Operating income Website www.cranswick.plc.uk/ Number of employees 4,750 | Net income £41.3 million (2015) Revenue 1.07 billion GBP (2016) Founded 1974 | |
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Key people Martin Davey, (Chairman)Adam Couch, (CEO)Mark Bottomley (Group Finance Director)Jim Brisby (Group Commercial Director) Stock price CWK (LON) 2,409.00 GBX -1.00 (-0.04%)7 Mar, 5:15 PM GMT - Disclaimer Headquarters Kingston upon Hull, United Kingdom | ||
Cranswick plc is a leading UK food producer and supplier of premium, fresh and added-value food products. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Contents
History
Cranswick 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. The company subsequently diversified into food production. It was first listed on the London Stock Exchange in 1985. In 1993 Cranswick diversified into pet products with the purchase of George Buckton and then, in 2009, sold its pet products business. The company has recently moved back to breeding and rearing its own British pigs after acquiring East Anglian Pigs Limited and livestock and assets from Dent Ltd in 2013.
Cranswick has developed through a combination of acquisitions and subsequent organic growth, enabling the company to build upon its philosophy of working with artisan producers to provide premium, market leading products to a much wider audience. The Company now serves its customers from twelve production facilities across the UK.
On 25 July 2016, the company announced it had sold The Sandwich Factory Holdings Ltd for £15 million to Greencore.
Acquisitions
Operations
Cranswick produces fresh pork, gourmet sausages, cooked meat, air-dried bacon, premium cooked poultry, charcuterie, sandwiches and gourmet pastry products.
The Company’s brands include Bodega, Weight Watchers, Woodall’s, Simply Sausages, Red Lion Foods and the Black Farmer.
Cranswick’s core market is the UK but the company has a rapidly developing export business serving the European, US and South East Asian markets.
Operational highlights
Operational highlights for the year ended 31 March 2015: