Founded as a dairy business in 1982, Fayrefield offers a range of food services from bulk cheese trading to retail brand management. Although the company has no involvement in manufacturing the bulk products, its FoodTec subsidiary develops specialist food ingredients such as flavourings and sauce mixes, which it supplies to dairy, bakery, beverage, ready meal and cereal producers. Sales totalled £248.3m
in 2004. The Crewe company has recently developed a cheese with just 5% fat.

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Company details
CompanyFayrefield Foods
ActivityDairy product marketer
Sales £m*248.3
Operating profit £m*3.0
Main shareholdersJohn Kerr (88%), Richard Laird (12%)

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda