Holmesterne Foods, a supplier of meat and vegetable products in Richmond, North Yorkshire, has been sold to Troy Foods, a Leeds-based manufacturer of salads and sauces. Holmesterne operates two sites and employs 140 staff, supplying retailers, food manufacturers, and food service businesses.
The company experienced reduced margins due to rising costs across ingredients, packaging, and factory operations, along with higher employment taxes. To address operational challenges, Holmesterne engaged Interpath to review investment and sale options.
Troy Foods, which employs 240 people, has acquired the business to expand its product portfolio and diversify operations. The transaction aims to stabilise Holmesterne’s operations while creating potential efficiencies in production and distribution across both companies’ customer networks.
The acquisition secures employment at Holmesterne and maintains supply continuity for existing clients. Interpath led the deal, highlighting the consolidation of two established Yorkshire food businesses as a measure to strengthen regional food industry capacity.