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Pilgrim’s Europe has announced plans to acquire Walkers Deli & Sausage Company from Samworth Brothers, expanding its presence in the UK premium pork market.

The proposed transaction remains subject to approval from the Competition and Markets Authority and an employee consultation process.

Based in Leicester, Walkers Deli & Sausage employs approximately 1,150 people and produces premium sausages, sliced cooked meats, cooked bacon, snacking products and pâté. The company, which dates back to 1824, supplies own-label products to major UK retailers.

Pilgrim’s Europe said the acquisition would strengthen its integrated supply chain and expand its portfolio of value-added pork products. The two companies already have an established supply relationship.

Ivan Siqueira, president of Pilgrim’s Europe, described Walkers Deli & Sausage as a “natural strategic fit,” citing its skilled workforce and reputation for quality and innovation.

He added: “By bringing Walkers Deli & Sausage 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".

Samworth Brothers said the sale would allow it to focus investment on growth opportunities across its food-to-go, savoury pastry, meals and branded businesses.

CEO Simon Wookey said the increasingly specialised and integrated nature of the protein sector meant Walkers Deli & Sausage was well positioned for further growth under an owner focused on protein production and supply chains.

Following completion, the companies will prioritise supporting employees through the transition while maintaining customer service and product quality.

Financial terms of the transaction were not been disclosed.