Co Tyrone firm Dunbia completes deal with Irish firm Dawn Meats
Co Tyrone meat firm Dunbia has completed a deal with Irish firm Dawn Meats as part of a new venture.
Dawn Meats has agreed a strategic partnership with Dungannon firm Dunbia to establish a majority owned joint venture in the United Kingdom comprising the UK operations of both organisations.
The partnership and acquisition agreement announced in May 2017, and has been completed, with all relevant regulatory clearances approved.
The UK businesses now trade as Dunbia and are managed by former Dunbia chief executive Jim Dobson, and Dawn Meats chief executive Niall Browne as executive chairman.
The partnership also includes a reband and a new logo.
Niall Browne said: "We are very pleased to have successfully concluded this process and can now look to deliver the benefits that we believe this transaction will bring for our customers, staff and suppliers.
“Our focus will continue to be on quality and sustainability across three leading national businesses: Dawn Meats in Ireland, Dunbia in the UK and Elivia in France.”
And Jim Dobson, chief executive of Dunbia, said:
“I am excited today to be introducing a fresh look for the new Dunbia business in the UK. The partnership will ensure that we can grow as a leading supplier in the UK market and deliver long-term solutions for our customers and a strong relationship with our farmer suppliers.”
Belfast Telegraph Digital