Dunbia silent on merger rumours
Published 02/04/2016 | 02:30
One of Ireland's largest meat processing firms, Dunbia, is making no comment over rumours of a potential merger with international processed food company 2 Sisters.
In December the 'Belfast Telegraph' revealed the Dungannon-based company had been considering buy-out options.
At the time a spokesman confirmed the business had been "considering options for maximising the potential of the company going forward" after having "received several serious expressions of interest from would-be investors over the past two years".
The company understood to be involved in talks, 2Sisters, is behind household brands Goodfella's, Fox's Biscuits as well as pie maker Holland's, Matthew Walker, the world's oldest Christmas pudding brand, and Green Isle, the Irish frozen veg and bread label.
Those close to Dunbia say bosses may be in a position to speak about the talks next week but a spokesperson for the company declined to comment.
Dunbia produces beef, lamb and pork for the national and international retail, commercial and food-service markets.
The processor is one of Northern Ireland's biggest meat firms, turning over almost £800m. Brothers Jim and Jack Dobson built the company up over the last 40 years from a small butcher's shop in Dungannon. Dungannon Meats was rebranded as Dunbia in 2006.