A Black Country supplier to the food industry has expanded with a buyout deal. Wednesbury-based KTC Edibles, which supplies edible oils to foodservice, wholesalers and food manufacturers, has acquired Scottish outfit Cardowan Creameries.
Established in 1930 as an independent family business, Glasgow-based Cardowan Creameries is a specialist margarine manufacturer, supplying more than 20,000 metric tonnes annually to manufacturers and wholesalers across the UK and internationally.
The undisclosed acquisition will take the combined turnover of the KTC Group to more than £550 million and further strengthens its value-added processing capabilities and broadens the group’s product offering.
