Pilgrim's Europe plans to acquire Walkers Deli & Sausage Company, pending regulatory approval and employee consultation.
Quiver AI Summary
Pilgrim's Europe has announced its agreement to acquire Walkers Deli & Sausage Company from Samworth Brothers, pending approval from the UK Competition and Markets Authority and employee consultations. Walkers, a renowned UK producer of premium pork products since 1824, operates from a single site in Leicester and employs around 1,150 staff. This acquisition aims to strengthen Pilgrim's position in the UK food industry and enhance its capabilities in value-added premium pork categories, leveraging an existing supply relationship with Walkers. Pilgrim's CEO, Fabio Sandri, emphasized the strategic fit and potential for growth this acquisition presents, while Samworth Brothers’ Chief Executive, Simon Wookey, noted it as a pivotal moment for Walkers to thrive within a specialized protein-focused entity. The focus post-acquisition will be on supporting Walkers' team members and maintaining quality service for customers.
Potential Positives
- The acquisition of Walkers Deli & Sausage Company positions Pilgrim's Europe to strengthen its presence within the UK food industry, particularly in the premium pork sector.
- This strategic move supports Pilgrim's long-term growth ambitions by enhancing its portfolio of value-added food businesses, which could lead to increased market share.
- The existing supply relationship between Pilgrim's and Walkers may facilitate a smoother integration process, allowing for potential operational efficiencies and innovation.
- The acquisition underscores Pilgrim's commitment to sustainable food production and developing relationships with local suppliers, which may enhance brand reputation and customer loyalty.
Potential Negatives
- Acquisition is subject to approval by the Competition and Markets Authority (CMA), which introduces uncertainty and potential delays in completing the transaction.
- The need for employee consultation in the UK raises concerns about workforce integration and potential disruptions during the transition period.
- There is a significant reliance on existing relationships, suggesting a potential vulnerability if those connections do not strengthen post-acquisition.
FAQ
What is the recent acquisition announced by Pilgrim's Europe?
Pilgrim's Europe has agreed to acquire Walkers Deli & Sausage Company from Samworth Brothers, pending approval by the CMA.
Why is the Walkers acquisition significant for Pilgrim's Europe?
The acquisition strengthens Pilgrim's position in the UK food industry and expands its presence in premium pork categories.
What products does Walkers Deli & Sausage Company offer?
Walkers produces premium sausages, sliced cooked meats, cooked bacon, snacking products, and pâté.
What will happen to Walkers Deli employees post-acquisition?
Pilgrim's Europe aims to support Walkers employees during the transition while maintaining service quality.
How many people does Pilgrim's Europe employ?
Pilgrim's Europe employs over 17,000 team members across more than 40 sites in various countries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
GREELEY, Colo., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Pilgrim's Europe today announced it has agreed to acquire Walkers Deli & Sausage Company from Samworth Brothers, subject to approval by the Competition and Markets Authority (CMA) and employee consultation in the United Kingdom.
Walkers is one of the UK's most established and respected producers of premium pork products, with a heritage dating back to 1824. The business operates from four production facilities on a single site in Leicester and employs approximately 1,150 team members.
The acquisition represents an important strategic step for Pilgrim's Europe, strengthening its position within the UK food industry and expanding its presence in value-added premium pork categories. It also enhances Pilgrim's footprint in the UK and builds on an existing long-standing relationship between the two businesses, with Pilgrim's currently supplying some of Walkers' raw pork requirements.
Fabio Sandri, CEO of Pilgrim’s, said:
“The addition of Walkers further advances our strategy to grow through a diversified portfolio of value-added food businesses in key markets around the world. This transaction strengthens our European platform, expands our capabilities in value-added foods and supports our long-term growth ambitions. We are excited about the opportunities ahead and confident this acquisition will strengthen our business and create long-term value for our customers, team members and shareholders.”
Walkers has a highly complementary portfolio spanning premium sausages, sliced cooked meats, cooked bacon and snacking products, and pâté. The business serves leading UK retailers and is recognised for its expertise in premium own-label food production.
Ivan Siqueira, President of Pilgrim's Europe, said:
“Walkers is a fantastic business with a proud heritage, a highly skilled team and a strong reputation for quality and innovation. This acquisition is a natural strategic fit for Pilgrim's Europe. We already have a well-established supply relationship with Walkers and see significant opportunities to build on the strengths of both businesses.
By bringing Walkers into Pilgrim's Europe, we will further strengthen our integrated supply chain, expand our presence in attractive premium pork categories and enhance our ability to serve customers across the UK. We are excited about the opportunities ahead and look forward to welcoming Walkers' colleagues to the Pilgrim's family following completion of the transaction .”
Samworth Brothers Chief Executive, Simon Wookey added:
“Walkers is an outstanding business that has made a significant contribution to Samworth Brothers over many years. As the protein sector has become increasingly specialised and integrated, we believe Walkers is well positioned for its next phase of growth as part of a business with protein at its core and expertise across the supply chain.
This transaction enables Samworth Brothers to focus investment on the significant growth opportunities we see across Food to Go, Savoury Pastry, Meals and our portfolio of Brands. We are incredibly proud of what our Walkers colleagues have built and grateful for their contribution. We are confident this move provides a strong platform for the business's future success.”
The immediate priority following completion will be to support Walkers Deli & Sausage colleagues through the transition, while maintaining the high levels of service and quality that customers expect.
Together, Pilgrim's Europe and Walkers Deli & Sausage will be well positioned to drive innovation, enhance operational efficiencies, and continue delivering high-quality products to consumers across the UK.
About Pilgrim’s Pride
Pilgrim’s employs approximately 63,000 people and operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the UK, the Republic of Ireland and continental Europe. The Company’s primary distribution is through retailers and foodservice distributors. For more information, please visit
www.pilgrims.com
.
About Pilgrim's Europe
Pilgrim’s Europe is a top UK and European food company employing 17,000+ team members across 40+ sites in the UK, Ireland, France and The Netherlands. We are a leader in making quality food sustainably in partnership with local farmers through our Poultry, Pork, Lamb and Beef supply chains.
Driven by passion and insight, we create better food for everyone, producing own label and branded fresh chicken, pork and lamb, as well as authentic chilled and frozen ready meals, snacking ranges, added value and food service products for multiple markets.
Our iconic brands include, Richmond, Fridge Raiders, Mattessons, Rollover, Oakhouse Denny, Galtee, and Moy Park.
About Samworth Brothers
At Samworth Brothers we do good things with great food. We are a fourth-generation family business manufacturing high quality and ambient food enjoyed by millions of people in the UK and Ireland every day. We have a turnover of £1.8bn, with more than 12,000 colleagues working at sites all over the UK, including Leicestershire, Cornwall, East Sussex and Manchester, and also in Dublin, Ireland. Our customers include major supermarkets, convenience stores, hospitality venues, workplaces and travel outlets.
As a business we seek to be a long-term force for good. We make profit so that we can reinvest in the future of the business and make a positive difference for our people, our communities, and all of our stakeholders.
Media Contact:
Nikki Richardson
[email protected]