Wolds Produce Ltd, based in Pocklington -near York-, has completed the acquisition of WM Quarrie (Potato Marketing) Ltd, for an undisclosed sum.
Wolds Produce was established in 2004 by Simon Tootell and local farmer Simon Foster. It was set up as a potato trading business offering crops from the York area to packers; the company has grown to become a major potato supplier into the crisping, chipping, ware, and seed industries across the UK.
Over the last three years, its crisping operation has doubled in volume with its customers supplying around 80% of all the crisps in the UK market – these include Walkers, Seabrook, the Tayto Group and Yorkshire Crisps.
The business has also expanded its specialist potato seed production operation with Wolds Produce known as a trusted supplier of high quality seed for commercial ware crops. As part of its growth trajectory, it last year acquired 26% of WM Quarrie, run by Bill Quarrie and Stuart Fox, which over the last nine years has become a successful independent seed business.
Bdaily.co.uk reports how the deal included a call option which Wolds Produce has now taken up with the acquisition of the remaining shareholding completing on 29th June 2021.