Farmison & Co aims to invest and become a £100m brand

SUSTAINABLE MEAT company Farmison & Co has appointed KPMG to explore strategic options for the business.

The Ripon-based business has doubled sales in the past year, and now has ambitions to further disrupt the meat industry and on becoming a £100m brand.

Over the past 12 months Farmison & Co has introduced seven-day and next-day delivery options and invested £1m of capital expenditure in cold storage capacity. For the third time, Farmison & Co, was named Online Butchery Business of the Year at the 2020 National Butcher’s Shop of the Year awards.

The KPMG team will be led by Rob Baxter, head of KPMG’s Consumer and Retail M&A practice. He said: “Farmison & Co continues to go from strength to strength, consistently recognising and catering to changing consumer needs. Having grown quickly and profitably, with the opportunity to export overseas alongside the right investment partner, the potential for this British business to grow further is limitless.”

John Pallagi, inset, founder & CEO of Farmison & Co, said: “Farmison & Co has shown great resilience since we started the business 10 years ago, leading the way in quality and investing in British heritage breeds, as we help the nation eat better meat. Now, we want to go further ensuring we can continue our growth, fly the flag for British meat excellence, and in support of the farmers who play such a vital role in our supply chain.” Farmison now plans to access new investment to support growth, marketing, international expansion and new operational innovation.