Faccenda and Cargill get approval from UK competition authority for joint venture

Faccenda and Cargill have received the go ahead to merge from the UK Competition and Markets Authority (CMA) to create a UK food company focused on chicken, turkey and duck. Faccenda Foods will join Cargill’s UK fresh chicken business form the standalone joint venture.

“We are very pleased with the decision of the CMA and we currently anticipate that we will be operating as a standalone joint venture by end of January 2018,” said a spokesperson.

“This joint venture will provide a solid platform for innovation and growth, bringing together two complementary businesses with talented people and strong reputations for high standards and great service.

“While the approval signifies the latest step in our integration journey, we will continue to operate and compete as independent businesses until Day 1 of the joint venture. As such there will be no immediate change to how we serve our customers and partner with our suppliers and growers.”

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