Fray Bentos owner prepares for a sale

Mon, 01 Aug 2011 | BUSINESS SALE

An information memorandum is due to be sent out to potential interested parties for canned foods business Fray Bentos. Seafood giant Princes acquired the brand as part of its £182 million purchase of Premier Foods’ canning division only last month.

The decision to sell came after the Office of Fair Trading voiced concerns over Princes’ high concentration of ownership in the canned foods market. It is hoped that the sale will generate £30 million.

The business had been put on the block in November last year as its previous owners Premier Foods looked to repay some of its debts.

The canned pie maker has had various owners over the years. Bought by US food giant Campbell’s in 1993, Fray Bentos was then sold to Premier, along with Campbell’s other UK assets, in 2006. Potential buyers are now tipped to include JBS and Marfrig, Brazilian meat packers, and Ireland’s AIBP.

Established in 1899 to import meats into the UK, Fray Bentos is famous for its canned steak and kidney pies, corned beef and puddings, which were frequently to be found on the dinner tables of British homes in the post-war era.

Now considered to be an acquired taste, Fray Bento’s sales have failed to climb above £30 million over the past decade. It is still a firm favourite for many, however, and even has a cult following, one fan being celebrity chef Simon Hopkinson.

Share this article

Latest Businesses for Sale

Windows & Doors Supply & Installation
UK Wide

Supplies uPVC windows and doors to home and small business owners in the UK. Operates from freehold premises. Excellent potential for continued growth. Our client is offering the business for sale to facilitate their retirement. Offers invited.

Asking Price: Offers Invited
Turnover: £594,000


Personalised Print Company (Fast Sale)
South West, UK

Offers are required by 5pm on Friday 24th April 2020. Long established personalised print company with UK wide educational sector clients. Over 30 years in the marketplace. Supply of personalised printed items/merchandise to UK educational organisati...

Asking Price: Offers Invited
Turnover: £815,002


Designer & Manufacturer of Bespoke Carpentry & Joinery Components (Fast Sale)
West Midlands, UK

Interested parties should be in a position to submit initial expressions of interest no later than 5pm on 17 April 2020. A unique opportunity to acquire a well-established designer and manufacturer of bespoke carpentry and joinery components.

Asking Price: Offers Invited
Turnover: £5m+


View more businesses for sale

News Search

Latest News


Treasury plan to save medium-sized businesses by taking emergency stakes | BUSINESS NEWS

The Treasury is understood to be considering user taxpayer m...


Clarks makes store closures and explores financing opportunities | COMMERCIAL PROPERTY

Footwear retailer Clarks has confirmed that it will close a ...


Cath Kidston set to enter administration | ADMINISTRATION

Clothing, accessories and homeware retailer Cath Kidston has...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Related News


Horse meat scandal prompts local business acquisitions | BUSINESS SALE

The horse meat scandal surrounding beef products stocked by ...


Comet announces further job cuts | ADMINISTRATION

Comet, the electrical retail outlet that has recently fallen...


Princes Food sells Fray Bentos to Premier | DIVISION SALE

The famed Fray Bentos canned meat pie brand and business has...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources