Cranswick plc (LSE:CWK) signed an agreement to acquire Froch Foods Ltd for £9.8 million on January 8, 2024. Initial cash consideration was £9.4 million and deferred consideration was £0.4 million. Deferred consideration is based on the finalization of completion accounts and will be paid within the year. The transaction will be financed from Cranswick?s very strong liquidity reserves. Transaction is subject to regulatory approval.

Cranswick plc (LSE:CWK) completed the acquisition of Froch Foods Ltd on January 9, 2024.Richard Naish, Sarah Ward, Nicola Parkinson, Jeremy Moore, Beth Cotter from Walker Morris LLP acted as legal advisors to Max Smith-Hilliard on the sale of Froch Foods.