Up to 50 jobs could be created at a leading Craigavon bakery after a US firm acquired a ‘significant stake’ in the business.
Evron Foods Group is poised for a major expansion after confirmation Oklahoma- based Bama Companies Inc has agreed a undisclosed deal to buy into the independent bakery.
Morris Evans, managing director of Evron Foods said the Bama deal will fast-track plans for a new 45,000 square foot production and innovation facility in Craigavon, creating employment for additional 50 people once fully operational.
CEO of Bama Companies Inc, Paula Marshall said they have “ambitious plans” for the Craigavon business, which has a widespread international customer base.
“We are delighted to make this strategic investment in Evron Foods Group. Evron share our ethos of investment in people, quality and innovation. Working with the existing management team we have ambitious plans for the continued success of the company including expansion of the customer base, product range and manufacturing facilities in Craigavon and Pontypool.”
Evron Foods has been trading for 35 years and operates from two locations at Carn Industrial Estate in Craigavon and Pontypool, Wales.
The business, which has an annual turnover of £49m, employs a total of 360 people, making a range of high-volume frozen and chilled bakery products for retail, foodservice and manufacturing customers throughout the UK, Ireland, Europe, USA and the Middle East.
Founded in Texas in 1927, Bama Companies Inc has factories in USA, China and Europe, producing two million biscuits a day as well as handheld pies, buns, pie shells and pizza crusts for customers all over the world.
By Gareth McKeown
Source: The Irish Times
The facility is designed to foster innovation and deepen collaboration with customers, by offering a range of new services and solidifying its role as a central hub for customer support. Tereos’ team, supported by a network of 50 scientists, will ensure customers can innovate and meet the rising consumer demand for healthier and more sustainable products.
Glanbia has agreed to acquire Flavor Producers from Aroma Holding for an initial consideration of $300 million. Flavor Producers is a US-based flavour platform, providing flavours and extracts to the F&B industries, with a focus on organic and natural ingredients.
Lesnard, who previously worked at Nike, The North Face and Sephora, has a mission to “grow and sustain GODIVA’s position and expertise in the premium chocolate category, leveraging ongoing support from pladis to take GODIVA and its legendary chocolate to new heights.”
