Dundalk Weight Watchers' factory bought
A FROZEN ready-meals factory in Dundalk which is home to the popular Weight Watchers range of meals has been bought by a Manchester-based family run food company.
The deal between the Authentic Food Company (TAFC) and Heinz includes a three year arrangement for TAFC to manufacture the Weight Watchers meals developed by Heinz.
TAFC, which is family owned and managed, is celebrating its 30th anniversary this year.
Nik Basran, TAFC managing director, said the deal was an investment in the food manufacturing sector in Ireland.
"The strategic acquisition of this well invested site at Dundalk adds many new capabilities to our offer; including pasta, fish dishes and potato topped products," Mr Basran said.
"The proposed sale offers a positive future for the facility and for the 155 people employed at the site which first opened in 1993 and within three years became the home of the Weigh Watchers from Heinz frozen ready meals business."
The terms of the sale have not been disclosed.
TAFC, which was set up in 1985, is family owned and headquartered in Manchester.
The company has 240 employees. It said it was planning the expansion of its food service and retail business both in the UK and Europe.
"We have invested heavily in our sites and people in the UK over the last five years and this is very much more of the same, albeit on a much bigger scale, to ensure we are equipped to respond to evolving customer needs," added Mr Basran.