AKP Group sees contracting opportunities following Wolds Produce acquisition
AKP Group believes the new partnership with Wolds Produce will drive innovation and build a stronger, more resilient supply chain.
As major suppliers into the crisping, chipping and potato seed industries, one of the UK’s leading vertically integrated potato supply chain specialists based in North Lincolnshire, has completed the acquisition of Wolds Produce, based in York.
The acquisition aims to enhance efficiency and harness the advantages of scale, helping growers and partners to minimise risk and reduce their costs.
From variety and seed selection, to new contracting opportunities, as well as the utilisation of superior grading and storage facilities, growers and partners across the entire potato supply chain will benefit and ultimately, make it happen for UK farming.
Established in 1999 by Richard Arundel and Bruce Kerr, Arundel Kerr Produce Ltd (AKP Group) is a potato grower and supply chain specialist, with people and partnerships at the core of its operations.
Wolds Produce was set up as a potato trading business in 2004, offering crops from the Yorkshire Wolds region to packers. The company has since grown to become a major potato supplier into the crisping, chipping and potato seed industries, and currently trades over 50,000 tonnes of potatoes in the UK and abroad.
The primary objective of AKP Group is to collaborate closely with its network of growers and partners to deliver the very best quality potatoes to its customers across the retail, processing and food service sectors in the UK and overseas, whilst improving profitability, raising standards and maintaining a highly efficient supply chain.
By combining the expertise, resources and experience of the AKP Group and Wolds Produce, the companies can achieve economies of scale. The partners said the move will drive innovation and build a stronger, more resilient supply chain, ultimately contributing to the growth of the UK potato industry.
This is becoming increasingly important as the number of potato growers has reduced in recent years as a result of escalating production costs and changing weather patterns, both of which increase risks for growers.
The integration of the joint operations will be seamless, ensuring that growers and partners continue to receive uninterrupted service from Wolds Produce and AKP Group – from variety and seed selection, to new contracting opportunities, as well the utilisation of superior grading and storage facilities.
With a strong foundation built on connections, AKP Group has developed extensive marketing expertise and has nurtured relationships with some of the UK’s key players in retail, processing and food manufacturing specialists – ensuring that the right potatoes are distributed to the right market, at the right price.
“We are thrilled to welcome Wolds Produce into the AKP Group”, said Richard Arundel, managing director of AKP Group. “By combining our respective services and scaling up our operation across storage, washing, grading and distribution, we can help our growers and partners to minimise risk, reduce their costs and make it happen for UK farming.”
Wolds Produce is one of the largest independent seed producers in the UK, supplying high-quality seed to businesses across the country, and supplying potatoes into many of the UK’s well known crisp manufacturers.
Tim Foggin, managing director at Wolds Produce, added: ““The culture and forward-thinking nature of AKP Group aligns with our own values, and we look forward to merging our expertise and consolidating our respective strengths.”
Wolds Produce will continue to operate independently under AKP Group, and all employees will retain their current roles.