Sizzling deal for sausage takeover
12 Feb 2007
Musk's Food Group Ltd, Newmarket's leading sausage company and holder of two Royal Warrants, has acquired the business of Hertfordshire-based D. White Butchers and The Braughing Sausage Company.
The merger, which was handled by one of the region's leading accountants and business advisers, PKF East Anglia, firmly establishes Musk's as a leading producer of premium sausages.
Chris Sheen, Managing Director at Musk's, said: 'This presented us with a major opportunity to spread our wings. The products we've inherited from the acquisition will really compliment our existing range and enable us to offer our customers an even wider choice.'
Richard White - the vendor and son of Braughing's founder - who will remain within the group, said 'We were looking for a good home for our sausages and who better than Musk's with their long tradition in sausage-making and their quality brand? It is an ideal match and both companies will benefit from the merger.'
Dan Saulter, Director of Corporate Finance at PKF, who advised Musk's during the negotiations said: 'We are delighted to have helped the company achieve this fantastic deal which will enable it to fulfil its growth potential and provide exciting opportunities for its employees.'
Musk's was founded by James Musk back in the reign of Queen Victoria and has been making Newmarket sausages to a secret recipe for over 120 years. The company received its first Royal Warrant in 1907 from George, Prince of Wales, later to become King George V. Their second in 1929 was from Edward, Prince of Wales and then in 1965, the late Queen Elizabeth the Queen Mother granted her Warrant. It is well known the Musk's Newmarket sausages were a favourite of hers.
Photo caption: Dan Saulter from PKF East Anglia with Musk's Managing Director Chris Sheen (on the right)
19 Aug 2014
The latest survey of businesses in Suffolk has shown that economic growth has continued across the county with a majority of firms experiencing an improvement in their trading conditions.