Newspaper article The Journal (Newcastle, England)

Accent on Quality Helps Supplier Double Turnover; in Association with RBS

Newspaper article The Journal (Newcastle, England)

Accent on Quality Helps Supplier Double Turnover; in Association with RBS

Article excerpt

Byline: Andrew Mernin

A MEAT supplier has almost doubled its annual turnover to pounds 15m by snapping up a nearby firm and is now close to signing a pounds 2m-a-year deal with supermarket group Asda.

Darlington's Country Valley Foods has bought the Billingham division of Cocked Hat Farm Foods, helping it grow from an pounds 8m to a pounds 15m-a-year company. Country Valley will take on about 20 staff who work at Cocked Hat's wholesale site in Billingham's Leeholme Road.

Meanwhile, the firm is also in the early stages of negotiations to buy a second Tees Valley food company.

Chairman and founder Stewart Munro said: "The acquisition gives us badly needed space and increases our storage capacity dramatically. We have concentrated on locally-sourced produce and remain at the quality end of the market."

He said he expected to finalise a pounds 2m-a-year contract to supply pork, beef and lamb products to Asda in the next two months.

He said if that deal went ahead, it could significantly increase the group's workforce which currently stands at about 120. …

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