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Dunbia could be set for sale as it looks to continue growth

The company confirmed it had received serious interest and suggested it was open to offers


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Dunbia has 11 plants throughout the UK and Ireland and is looking for buyers in a bid to expand
Dunbia has 11 plants throughout the UK and Ireland and is looking for buyers in a bid to expand

Dunbia could be sold as the business looks for buyers in a bid to expand its operations.

 

The Northern Irish owned meat processor has a significant presence within the UK red meat industry, as well as Ireland.

 

But in a bid to continue growth, the company confirmed it had received interest from potential buyers in recent years and has taken the step of saying it would listen to offers.

 

A spokesman said: "We have received several serious expressions of interest from would-be investors over the past two years and we are now considering options for maximising the potential of the company going forward.

 

"Market dynamics are continually evolving and we are currently exploring the best options to ensure we are well-placed to meet the demands of the marketplace, now and in the future."

 

Dunbia is believed to have prepared a ’teaser document’, set to be sent out to interested parties, often the first step in establishing business interest.

 

It is not currently clear whether a sale would include the whole, or part of the business, or whether interested parties would come from outside the UK.

 

But the spokesman said the firm was continuing operations as usual at present.

 

"While we are working on plans for the future, our focus very much remains on day-to-day operations and delivering a first class service to our customers - in other words, business as usual," the spokesman said.

 

The company was formed in 1976 by Jim and Jack Dobson who opened a butchers shop in Moygashel, Co Tyrone. The company now operates 11 sites across the UK and Ireland and has a turnover of about £800 million.

 

 


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Key steps in Dunbia’s growth

  • 1976: Butchers’ shop Dungannon Meats opened in Moygashel, Co Tyrone
  • 1983: Slaughter and boning facility opened in Dungannon
  • 1998: Acquired Rose County Foods in Clitheroe, Lancashire
  • 2001: Acquired several sites in Wales and Ireland
  • 2006: Rebranded as Dunbia
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