The Flagship Food Group has announced it has accepted an offer from the OSI Group to buy Flagship Europe.
The US-based OSI Group is a multi-billion dollar food manufacturing company with production facilities in the Americas, Europe and Asia.
Flagship Europe supplies foodservice products across the UK including frozen poultry, sous vide equipment and Oliver James pies, in addition to mayonnaise, sauces and dressings. Flagship Europe recently extended its presence in the food to go sector following the acquisition of Calder Foods, a supplier of sandwich fillings, marinades, sauces, mayonnaise and dips.
Flagship Europe chief executive Russell Maddock said: "The acquisition is another exciting and progressive development for Flagship Europe. The increased resources that will become available to us, along with the access to new clients and global markets as part of the OSI Group, will strengthen our position in the marketplace, improve our proposition and open up new opportunities that will enable us to serve our customers better and support our already successful business."