Scottish food company Macallan Food Group has snapped up two local meat peers, Falkirk-based Malcolm Allan and Macsween’s of Edinburgh.
Financial details of both deals were not disclosed.
Macallan Food Group is a new Scottish food business, based south of Edinburgh.
Companies House filings indicate Macallan is majority owned by CriSeren Foods, the food branch of the holding company CriSeren.
Speaking on the purchase, Bill Hazeldean, chairman of Macallan Food Group and CriSeren Foods said: “We are backed by a family trust, that makes long term investments, so the fundamental ethos of the business will not change.”
Both Malcom Allan and Macsween will be managed “as separate entities, utilising synergies where appropriate, but retaining the individual identities and strengths of each organisation”, he said.
Access the most comprehensive Company Profiles
on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Company Profile – free
sample
Your download email will arrive shortly
We are confident about the
unique
quality of our Company Profiles. However, we want you to make the most
beneficial
decision for your business, so we offer a free sample that you can download by
submitting the below form
By GlobalData
“It will be business as usual in the coming months, as we implement our 200 day plan, and develop our strategy for the future.”
Macsween’s founder and director James Macsween was appointed as a director on the Macallan board as of the end of June, Companies House filings show.
Malcolm Allan’s portfolio includes sausages, breakfast and steak pies, minced and diced steak, meatballs, burgers and black puddings. These are supplied to retailers such as Tesco, Asda, Aldi, Lidl, Iceland and Waitrose across Scotland.
Macsween’s manufactures meat-based and vegetarian haggis products, sold in the UK online and via retailers such as Sainsbury’s, Booths and Morrisons. Its products are also sold through distributors in Europe, Canada and Singapore.
The sale of Malcolm Allan to Macallan Food Group comes as the company’s joint managing directors and brothers James and Gordon Allan, decided to retire after more than 50 years in the business.
Commenting on the sale of his company, Gordon Allan said: “This has been our family business since it was formed by our father in 1954. Having decided to retire, we wanted to ensure that new owners would maintain the values, ethos and reputation of our family business after our departure.
“In particular, we want to look after our customers who have enabled us to build our business, and also maintain employment for our employees, many of them having been with us for a very long time.
“We believe the new owners will maintain our values, and we are confident that we are leaving the business in safe hands. We will help in the handover process, to ensure a smooth transition.”
