Mclelland Ends 155 Years in the Family for Gbp 150m

Summary


ONE of Scotland's oldest family firms, Glasgow-based McLelland Group, which manufacturers the fast-growing "Seriously Strong" cheddar brand, has been sold to a French food giant for an estimated GBP 150 million.

The company, owned by three members of the Irvine family and started in 1849, has been bought by Lactalis, one of the world's leading cheese makers.

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Extract


Mclelland Ends 155 Years in the Family for Gbp 150m

Yesterday joint managing director Douglas Irvine, 35, who owns the firm with brother Alastair, 39, and chairman Hugh, their father, said...

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