Billington Group snaps up TSC Foods
The Billington Group has strengthened its food portfolio by snapping up TSC foods, the firm behind Glorious! Soup for an undisclosed sum.
The Liverpool based buyer said the Glorious! Brands strong growth, coupled with Scunthorpe based TSCs strength in the foodservice sector were key factors attracting it to the business.
A spokesman for the family-owned The Billington Group said; our long term strategy is to become a major player in the food market and foodservice is one of the areas we are particularly focused on.
In addition to its strong presence in the foodservice market, TSC makes chilled and frozen food products for retail and business-to-business customers.
The Billington Group confirmed that TSC, which has been sold by private house Key Capital Partners, would continue trading as normal with all 400 employees remaining at its north Lincolnshire site.
CEO of The Billington Group, Gary Blake said; This is a fantastic acquisition for the group, we believe that TSC foods is a perfect fit for our long term strategic vision.
Commenting on joining the group, TSC Foods managing director, David Bondi said; This is a fantastic move for TSC and we are delighted to join a family owned company that is focused on the food sector. We have grown significantly over recent years with a focus on innovation, quality and service to all our customers and are proud to continue that success as part of a larger group.
TSC will join the groups food division alongside current businesses, including English Provender Company, Bar Foods and Billington Food Ingredients.
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