Cavenham Foods

Cavenham Foods was one of the United Kingdom's largest food processing businesses.

Cavenham Foods
TypePrivate
IndustryRetail
PredecessorBovril 
Founded1965
DefunctEarly 1980s
FateLiquidated
HeadquartersLondon, UK
Key people
James Goldsmith, (chairman)

History

The company was founded by Sir James Goldsmith in 1965 when he bought up a series of bakeries.[1] In 1971 Cavenham acquired the Bovril Company but then sold most of its dairies and South American operations to finance further take overs.[2] These take-overs came quickly and included Allied Suppliers (a British supermarket business) for £86m in 1972, the Grand Union Company (an American supermarket business) for £62m in 1973, Colonial Stores (another American supermarket business) for £133m in 1978 and J. Weingarten Inc. (also an American supermarket business) in 1979.[2]

Goldsmith divested most of his investments in the early 1980s.[2] The main British part of the business, Allied Suppliers, went to Argyll Foods.[3]

References
  1. "The Young Lions of Europe". Time. 25 September 1972.
  2. Arnold, Bruce (September 2004). "Goldsmith". Ketupa.net media note. Archived from the original on 5 January 2009.
  3. "Obituary: James Gulliver". The Independent. 23 September 1996.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.