Pork Farms may be put up for sale by Vision Capital, according to latest reports.
The private equity firm acquired the business, which is based in Nottingham and employs 2,000 people, in January 2007.
According to foodmanufacture.co.uk, Vision Capital, which has offices in London and New York, is exploring the possibility of a sale of the business.
It is understood that the private equity firm has chosen corporate finance advisor McQueen to advise on the potential sale.
Pork Farms operates from four sites: Palethorpes in Market Drayton, Shropshire, Shaftesbury in Dorset, as well as Riverside Bakery and Queen’s Drive in Nottingham.
A spokesperson for Pork Farms said: “We engaged McQueen last year to help us look at a range of strategic options to help us finance continued growth, including refinancing, buying property back and further investments in the business.
“As a PE-owned company, we will obviously be sold at some point, but our management team is currently focused on continuing the growth of the company. Beyond that, we don’t comment on rumours or speculation.”
When asked, Vision Capital refused to comment.
The news follows the announcement that Pork Farms is expected to outstrip market growth for the fourth consecutive year.
The manufacturer said sales of pork pies, sausage rolls, tarts and scotch eggs have grown by close to 6% a year over the past three years, with the wider market reported as growing at just over 1%.
Recently, Pork Farms announced the launch of its Bite Size Pork Pies, produced at its Queen’s Drive site.
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