BWG Group has announced that it has agreed terms to acquire Heaney Meats Catering Co Limited, a large supplier of premium quality meat products to the foodservice sector in Ireland.
The transaction is subject to approval from the Competition and Consumer Protection Commission, and follows on from BWG’s acquisition of Corrib Food Products and 4 Acres Wholesale in 2018.
Heaney Meats specialises in the preparation and distribution of premium quality beef, lamb, poultry, pork and bacon to the foodservice sector. The company was founded by Shayne and Kenneth Heaney in 1996, has annual sales of €24m and employs 75 people at its Galway facility. The business has been the recipient of multiple industry awards and has developed well-invested supply chain operations that include a fleet of 25 refrigerated vehicles. Generations of the Heaney family have been master butchers stretching back over 300 years.
Following its acquisition, Heaney Meats will continue to be led by Shayne and Kenneth Heaney.
Following eight years of consecutive growth, BWG Foodservice has seen its annual sales increase to over €150m before the proposed acquisition of Heaney Meats. The growth has been driven by ongoing investment across BWG Foodservice’s nationwide supply chain, the continuous expansion of its product range and targeted acquisitions of well-established complementary businesses like Heaney Meats.
Leo Crawford, Group CEO, BWG Group, said: “Heaney Meats is a long established and very progressive business that we have successfully partnered with over many years. The business will be a great addition to BWG and will further broaden our expanding offering to the foodservice sector. We look forward to welcoming Shayne and Kenneth Heaney and all their colleagues to BWG and to working with them to further grow our combined business.”
Shayne and Kenneth Heaney said: “We are excited by the future opportunities which will allow us to further build on our family’s long tradition in the meat business. Being part of BWG will be a very positive development for our staff, suppliers, customers, and our overall business.”
BWG has a turnover of over €1.5bn and through its network of 22 Value Centre and wholesale branches, foodservice depots, and 240,000 sq. ft. National Distribution Centre, the Group is one of Ireland’s leading wholesalers. BWG Foodservice delivers over 8,000 SKUs to over 10,000 retailers, caterers, hotels, clubs, restaurants, institutions, health boards, fast food outlets, and publicans.