Tanfield Foods has been acquired by Leeds-based manufacturers behind convenience food brands such as Aunt Bessies and Campbell’s.
Symington’s Ltd has bought the Consett-headquartered producers of own label products for UK retailers and the ‘Look What We Found’ brand.
Symington’s said the deal further strengthened its position in the ambient convenience food category.
Food entrepreneur Roger McKechnie, who founded the Phileas Fogg brand, stood down as director of Tanfield Foods in late 2011, but remains a significant shareholder.
Other shareholders include renowned North East investor Jeremy Middleton and care home operator Helen Mcardle.
David Salkeld, chief executive officer at Symington’s said: “The Tanfield Foods acquisition is a positive step forward in strengthening our position in branded convenience food and we welcome the people of Tanfield Foods to the Symington’s family.
“Our two companies have a proven track record of success in product innovation and brand development in these growing categories and working together we are very well placed to continue to surprise and delight our consumers.”
Geoff Allison, managing director at Tanfield Foods, added: “Tanfield Foods has come a long way since its inception nearly 10 years ago but needs to change to secure its future.
“I am delighted with the Symington’s deal as a combination of their strong retail relationships and extensive brand portfolio alongside our highly skilled team, top quality production facilities and modern packaging formats will drive rapid sales growth.
“We are looking forward to helping develop further the ambient convenience food sector. It’s exciting times ahead.”