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Garden Isle sold
LambWeston/Meijer (LWM), a leading potato processing
company jointly owned by U.S.-based ConAgra Foods/LambWeston and Meijer
Beheer B.V. of the Netherlands, announced today that they have acquired 100
percent of the shares of Smith & Holbourne Ltd, the parent company of
Garden Isle Ltd., the United Kingdom’s second largest frozen potato
processor based in Wisbech.
In 2004, Garden Isle, a family-owned potato processor,
invested in a state-of-the-art processing plant in Wisbech in Cambridgeshire
county. The plant is currently capable of producing more than 90.000
tons of potato products and has a workforce of approximately 130 employees
who will become Lamb Weston/Meijer employees.
LWM is one of Europe’s largest processors of frozen
potato products and the leading supplier of innovative frozen potato
specialties with a yearly capacity of over 500.000 tons of finished product
and approximately 1.000 employees. LWM serves many of the worldwide
leaders in foodservice, fastfood and retail segments.
In a statement LWM said current LWM and Garden Isle
customers will benefit from the two companies combined innovation,
production capabilities and industry expertise.
In line with relationships LWM has built with potato
farmers in the Netherlands, Belgium, France, Germany and Central Europe, the
Wisbech plant will also provide UK farmers with ample opportunities to
establish long term partnership supply arrangements, the company said in a
statement.
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