The Irish Competition and Consumer Protection Commission (CCPC) has given the go-ahead on Dawn Meat's acquisition of Irish-based Kildare Chilling Company.
The Waterford-based premium meat processor has also announced plans to invest a total of €10 million in the newly acquired facility, which is based in Co Kildare.
Kildare Chilling is one of the most established beef and lamb processors in Ireland and Dawn Meats, which trades in the UK as Dunbia, is committed to ensuring the business is able to maintain its high-quality standards by further investing in processing facilities and delivering improved sustainability measures.
As part of the overall investment, Dawn Meats said it is looking forward to widening Kildare Chilling’s customer base and supplying its products to Dawn Meats’ leading clients including key retail, food service and manufacturing businesses.
The CCPC’s approval follows an extensive two-phase investigation process, which started in February of this year and included the opportunity for third parties to make submissions and to engage with the CCPC.
Extensive benefits to both companies
Niall Browne, chief executive of Dawn Meats said: "We welcome this decision by the CCPC and we now look forward to completing the acquisition, which we believe will bring extensive benefits to both Dawn Meats and to Kildare Chilling.
"Dawn Meats has a track record of successfully acquiring, integrating and investing in processing facilities to ensure efficiency and best practice to the benefit of all stakeholders. The group has an impressive portfolio of retail, manufacturing and foodservice customers worldwide, who have enjoyed integrated supply from group companies with consistent and exacting quality standards.
"We have worked closely with our family farm suppliers and promoted our world-class, Bord Bia quality-assured supply. This combination has allowed the business to grow successfully and to continue serving the world’s most discerning customers.
This story was originally published on a previous version of the Meat Management website and so there may be some missing images and formatting issues.
