Ripon online butcher acquired
INVERLEITH, the Edinburgh-based investment company, has expanded its portfolio by acquiring a majority stake in a Yorkshire online butchery specialist.
Ripon-based Farmison declared it now has the “backing to take the business to the next stage” further to the deal, which comes shortly after Inverleith acquired a majority shareholding in Eden Mill, the St Andrews gin and whisky distiller.
Farmison, which was founded by John Pallagi and Lee Simmonds in in 2011, is described as a leading player in the growing online premium meat and butchery market. It employs about 100 people and turned over £15 million in its most recent financial year
The investment will allow Farmison to introduce more consumers to its “traceable and sustainably sourced beef, pork and lamb breeds,” it added.
By Scott Wright / The Herald