Cranswick to acquire Katsouris Brothers for £50m.

Cranswick, a UK food producer, agreed to acquire Katsouris Brothers, a processor and multi-channel supplier of continental and mediterranean food products, for £50m. “We have made a positive start to the year and our capital investment programme, which is building a platform for future growth, remains firmly on track. We continue to make pleasing progress on the new Eye poultry facility and our new continental products facility in Bury is now performing strongly and in line with the original business case," Adam Couch, Cranswick CEO.