The UK arm of Scandinavian food group Kavli has seen profits impacted by the loss making sale of a goats milk brand last year.
Kavli UK Limited, which runs Gateshead's Primula Cheese factory, saw pre-tax profits fall to £889,697 in 2021, from £2.3m the year before as it sold St Helen's Farm back to its founders seven years after buying it. The deal cost Kavli £1.8m and followed an animal welfare scandal at one of St Helen's main suppliers.
In new accounts, Kavli also said it had made provision for potential claims resulting from a product recall of St Helen's goats milk butter which was thought to be contaminated with metal - an issue that came to light after December's sale but occurred during Kavli ownership.
