Fylde Fresh and Fabulous acquires Troy Foods

Weeton-based Fylde, Fresh & Fabulous Group has acquired Troy Foods through a pre-pack administration.

Troy Foods is a fourth-generation family business which has grown to become one of the UK’s leading processors of vegetables. The Leeds-based operation employs 104, with all jobs transferred across to Fylde Fresh and Fabulous.

Fylde Fresh and Fabulous Ltd, established in 2005, is one of the UK’s leading potato growing and processing businesses, supplying ready meal manufacturers, the food service sector and more than 500 fish and chip shops. It also supplies heat and electricity to over 600 homes through its Biogas plant near Preston.

Colin Bradley, director at Fylde Fresh and Fabulous, said: “We have known and respected Troy Foods for many years. It is a natural fit for our already established business."

The transaction was led by a team from Interpath Advisory and Addleshaw Goddard. FFF was advised by Napthens LLP.

Neil Morley, director at Interpath Advisory, said: "We are pleased to have concluded this transaction which secures the future of the business by providing a new platform upon which it can move forward."

Troy Foods (Salads) Limited, which is a related entity, is not part of the transaction and continues to trade under its existing management and ownership.