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Black Country food manufacturer acquired by Finnish group

2025-05-17 22:45:25 By

A Black Country food manufacturer has been acquired by a European firm.

Tipton-based Panesar Foods has been bought out in an undisclosed deal by Finish food and beverage company Paulig.

Founded in 1992, Panesar Foods is a family-owned business which makes sauces, salsas and condiments, with a turnover of £59 million, 308 employees and three production facilities at its HQ.

Paulig is also family owned and sells into 70 countries in segments such as tex mex, Asian and Indian foods.

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The Helsinki-based company said the acquisition would strengthen its position in the world foods segment.

Panesar Foods' chief executive Bill Panesar said: "We are incredibly proud of our history and the remarkable growth we have achieved since our culinary journey began in 1992.

"As Panesar Foods becomes part of Paulig, I am confident that our ambitions for international growth will be realised and the business will continue to thrive.

"We share a strong commitment to innovation and delivering high-quality, flavourful products and I look forward to bringing even more delicious products to the market, together."

Managing director Jas Panesar added: "We are thrilled to join forces with Paulig. This partnership will allow us to reach new markets and deliver our authentic world food flavours to a broader audience.

"We look forward to combining our passion for quality food with Pauligs' commitment to sustainability and innovation."

Paulig's chief executive Rolf Ladau added: "We have collaborated with Panesar Foods for 17 years and we are very pleased to welcome the company to Paulig.

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