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Calder Foods purchased by the Flagship Food Group

26 October 2016

The purchase of Calder Foods by the US-owned multi-national food service specialist Flagship Food Group has been announced for an undisclosed sum.

Following completion of the deal, Nigel Harrison and Paul Baker, founding partners of Calder Foods, will remain active within the business.

Five offers were received for the business, with the Flagship Food bid proving the most attractive.

Flagship Europe chief executive officer Russell Maddock described Calder Foods as having "an exceptional reputation" and further stated that the company's products will be a "perfect complement to our own portfolio of 'Food to Go' products".

Founded in 2002, Calder Foods had expanded its specialist chilled food manufacturing operations and achieved a turnover of £22m.

The acquisition was facilitated by deal adviser and M&A strategist Avondale.

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