11 Jun 2024
Browns Food Group Partners with AK Stoddart
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AK Stoddart has become Scotland’s largest privately-owned meat business, thanks to a multi-million pound investment from Browns Food Group.
This move creates Scotland’s largest privately-owned meat business and reinforces investment in the Scottish meat sector.
The combined company’s market position will accelerate processing capacity and export capabilities, positioning the new entity as the largest Scottish owned meat business with £300 million turnover and plans to reach £500 million via a committed investment programme.
This alliance between Browns and Stoddart’s ensures the long-term sustainability of the pork and beef sectors from farm to fork.
Grant Moir, Managing Director, and Julie Fancourt, Finance Director, the remaining shareholders of Stoddart’s, will continue to manage day-to-day operations as usual.
Both companies will work together to develop and grow, maintaining the high standards of quality and brand reputation.
Mr Moir said “The key message here is that nothing changes. We have known the Browns team for many years and feel confident that this is the right decision for our business providing greater stability and growth opportunities”
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