Mr. Davey: Carnswick PLC started in the 1970s when a group of farmers in Yorkshire in the UK provided funds for the construction of a mill to manufacture pig feed. And that, along with the production of pigs, was the nature of the business when in 1985 the company went on the UK Stock Market. Following that, in 1988 the Company then acquired a pork products company and has developed that business both organically and by way of acquisitions to the point where the business now produces a range of products from fresh pork to cooked meats such as hams, sausages and a range of continental foods such as salamis, serrano hams, pastramis. That is the main focus of the business. The feed milling and pork products activities constitute 90% of the sales of Cranswick. In addition to that, we have a small pet products activity that accounts for 10% of the sales, and that is based on the manufacture of food for pet animals and also the retail and sale of aquatic products.
TWST: Who are you selling to?
Mr. Davey: We sell animal food directly to farmers. The pork products
that we supply are sold predominantly to retailers in the UK. So there
will be people such as Asda, which is owned by Walmart, and the other
major retailers such as Sainsbury.We have a developing food sevice
customer base supplying outlets such as Whitbread and Wetherspoon.
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