Merger makes spud super-supplier
GEEST has merged its Caledonian Produce traded potato business with a division of QV Foods to create a joint venture.
The venture will be the largest supplier of new and main crop potatoes to Marks and Spencer.
Geest will have a 55% interest in Geest QV, which has net assets of £1.2 million. QV Foods is a subsidiary of AH Worth, a Lincolnshire farming business.
- Financial Times 04/08/99 page 18 (News Business)