Newent chicken factory is part of a billion-pound company
There is nothing paltry about the returns recorded by the companies that own a poultry processing plant tucked away on a Forest of Dean trading estate. In fact, the food factory on Newent Business Park is part of a billion-pound operation, according to
Sales to Europe accounted for just in excess of £15 million with receipts to the rest of the world coming in at £1.05 million. The Freemans revenues accounted for around half of the totals recorded by Avara Foods, which lodged receipts of £1.142 billion for the year ended May 31, 2019. As well as the £1.142 billion in revenues, Avara Foods reported a £13.7 million pre-tax profit, all of which is attributable to the owners of the parent company. The revenue was largely gained from sales to the UK market of £1.100 billion, with £38 million to Europe and £3.8 million to the rest of the world. The company accounts for around a quarter of the incredible number of chickens processed by the UK food industry per week. Avara is the third-biggest chicken producer in the country, processing around 4.5 million birds every week. The firm also produces smaller amounts of both turkeys and ducks and is the primary supplier of poultry to supermarket giant, Tesco. Avara Foods employs more than 6,500 staff across its 10 sites in the UK l
accounts lodged by its parent company. The Newent site is run by Freemans of
Newent Ltd, a company which is wholly-owned by Avara Foods. Founded in 2018, Avara Foods is a joint venture between food industry giants Faccenda and Cargills - the company which bought Freemans in 2008. Both Freemans of Newent and its ultimate
parent company have recently lodged their annual returns at Companies House and the numbers are eye-watering. Revenues for the 12 months to June
To be part of Gloucestershire’s biggest b2b publication of the year in 2020 email Mark@moosemarketingandpr.co.uk or telephone 01452 308781 1, 2019 at Freemans totalled £517 million, £500 million of which came from sales in the UK.
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