Troy Foods Limited, one of the UK’s leading vegetable processing manufacturers, has been bought by the Fylde, Fresh & Fabulous Group (FFF).
Fylde Fresh and Fabulous Ltd, established in 2005, is one of the UK’s leading potato growing and processing businesses, supplying ready meal manufacturers, the food service sector and over 500 fish and chip shops with a range of peeled potato products. It also supplies heat and electricity to over 600 homes through its Biogas plant near Preston.
Based in Leeds, Troy Foods Limited is a fourth-generation family business which has grown to become one of the UK’s leading processors of vegetables.
A total of 104 employees have transferred to the Fylde Fresh and Fabulous Group as part of the transaction, which was led by a team from Interpath Advisory and Addleshaw Goddard. FFF was advised by Napthens LLP.
Neil Morley, director at Interpath Advisory, said: “We are pleased to have concluded this transaction which secures the future of the business by providing a new platform upon which it can move forward.”
Colin Bradley, director at Fylde Fresh and Fabulous, said: “We have known and respected Troy Foods for many years. It is a natural fit for our already established business.”
Troy Foods (Salads) Limited (a related entity) is not part of the transaction and continues to trade under its existing management and ownership.