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22/10/2001
Local pork processor has new owner following £35M deal
Northern Ireland's largest pork processing plant has a new owner following the acquisition of Malton Foods by Grampian Country for £35m.
The plant in Cookstown, County Tyrone, which employs more than 300 people and slaughters about 10,000 pigs a week, will now be owned by one of the UK's biggest meat processing companies with an extensive pig rearing facilities in Scotland.
Malton, which purchased the Unipork group three years ago for £28m and has a number of pork processing plants in Britain, reported losses of more than £11m last year.
Following its acquisition of Unipork it subsequently closed the bacon packing plant at Enniskillen in County Fermanagh with the loss of more than 250 jobs and closed another packing plant at Ahoghill, County Antrim, with the loss of a further 200 jobs. (MB)
The plant in Cookstown, County Tyrone, which employs more than 300 people and slaughters about 10,000 pigs a week, will now be owned by one of the UK's biggest meat processing companies with an extensive pig rearing facilities in Scotland.
Malton, which purchased the Unipork group three years ago for £28m and has a number of pork processing plants in Britain, reported losses of more than £11m last year.
Following its acquisition of Unipork it subsequently closed the bacon packing plant at Enniskillen in County Fermanagh with the loss of more than 250 jobs and closed another packing plant at Ahoghill, County Antrim, with the loss of a further 200 jobs. (MB)
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