Kavli, the company behind Primula Cheese, has acquired a Yorkshire dairy in a deal struck with help from Newcastle’s KPMG.
The Gateshead-headquartered firm has bought St Helen’s Farm Limited, a goat dairy product brand based in the Vale of York which has 40 employees and produces goats’ milk, cheese, cream, butter, yogurts and ice-cream to supply supermarkets across the country on a daily basis.
The acquisition represents a major step forward for the Norwegian-owned Kavli Group, significantly expanding their presence in the UK dairy market and boosting Kavli UK turnover to more than £40m.
Kavli UK employs 190 people across two manufacturing sites, one based at Team Valley in Gateshead and the other in Scotland, making a range of food products including cheese spreads, snacks, dips and pate.
Paul R Lewney, managing director of Kavli UK Ltd, said: “We believe that Kavli and St Helen’s Farm are a good business fit in terms of customers and markets and are also well-aligned in terms of culture and values.
“This acquisition is a major step forward for our business and demonstrates the confidence that the Kavli Group has in the UK and as part of on-going strategy we will continue to look for opportunities that build our position in added value sectors of the dairy market in the future.
“We are determined to succeed in our ambition to grow Kavli in the UK.”