Heron Foods Explained

Heron Foods
Type:Subsidiary
Foundation:
Kingston upon Hull, England[1]
Founder:Malcolm Heuck
Location City:Melton
Location Country:England
Locations:293 as of 1 July 2020[2]
Area Served:England
Wales
Industry:Food retail
Revenue: £194.7 million (2012)[3]
Operating Income: £6.7 million (2012)
Net Income: £3.2 million (2012)
Num Employees:4,915 (2020)
Parent:B&M

Heron Foods Ltd. (formerly Heron Frozen Foods Ltd and Grindells Butchers Ltd) is an English supermarket chain founded in 1979 and based in Melton with 293 stores as of 1 July 2020.[2]

It primarily sells frozen food, but has a wide range of ambient and chilled stock with named brands including Muller, Birds Eye and McCain Foods, as well as several lines using the Heron Foods brand.

B&M announced in August 2017 that it had purchased Heron Foods for £152 million, a deal that was described as a "no brainer" by B&M's CEO Simon Arora.[4]

History

The company was first registered in October 1978 as Grindells Butchers.[5] The first store was opened by the Grindell family on Holderness Road, Hull in 1979.[6]

In 1981 the company changed name to Heron Frozen Foods. Shortly after Anthony Grindell sold the business to his sister and her family – the Heucks.

In 1999 Heron Foods bought 17 Dawn Til Dusk convenience stores after that chain went into receivership, bringing its total number of stores to over 100.[7] Malcolm and Sheila Heuck had a joint controlling interest in the company from the beginning, but in February 2003, having reached retirement age, they sold their stake to management; from that point, the company was run by their sons Andrew, David and Michael.[8]

In September 2012 Heron Foods agreed to buy the Cooltrader frozen foods business from Iceland. The deal included 54 of the 58 shops and the depot and head office of Cooltrader.[9] The acquired Cooltrader outlets were converted to the Heron Foods brand.[10]

In August 2017, it was announced that Heron Foods had been sold to B&M for £152 million.[11] A number of new branches have been opened under the new B&M Express facia.[12] [13]

Operations

The company's head office is at Melton in the East Riding of Yorkshire and it has around 250 outlets which are mostly located throughout the North of England and the Midlands. Heron Foods has developed its business in selling frozen and convenience store goods at a discount, the majority of which are household brands.[14] Heron occupies nine former Woolworth's locations.[15]

External links

Notes and References

  1. Web site: Heron Foods - Top Quality, Lowest Prices. Right up your street!. www.heronfoods.com. 5 January 2018.
  2. Web site: B&M European Value Retail S.A. - Annual Report and Accounts 2020. fr.zone-secure.net. 25 November 2020.
  3. Web site: Financial statement of Heron Foods Limited in East Yorkshire . Duedil.com . 23 February 2014.
  4. News: B&M Bargains moves into convenience retailing with £152m swoop on Heron Foods . Armstrong. Ashley. 2 August 2017. The Telegraph. 5 January 2018. 0307-1235.
  5. Companies House Information on Company 01392197
  6. Web site: About Heron Foods. 5 January 2018.
  7. Independent Retail News 2 July 1999 COSTCUTTER LINKED WITH DAWN TIL DUSK STORES BYLINE: Daniel Pearce SECTION: NEWS; p. 10
  8. Web site: News & Star - New frozen food shop to open. 5 January 2018. https://web.archive.org/web/20140202213139/http://www.newsandstar.co.uk/new-frozen-food-shop-to-open-1.333531?referrerPath=home%2F2.1962. 2 February 2014. dead.
  9. Web site: UK: Iceland agrees Cooltrader sale to Heron Foods. 4 September 2012. 5 January 2018.
  10. Retail Week 3 September 2012 Monday Iceland appoints Paul Foley as international business director
  11. News: Family-run Heron Foods taken over by B&M in £152m deal. 2 August 2017. BBC News. BBC. 3 August 2017.
  12. Web site: Heron Flies South to Open First Store in Luton. 19 February 2020. 19 February 2020.
  13. Web site: B&M Express - Marsh Farm (Heron Foods). 19 February 2020. 19 February 2020.
  14. Nottingham Evening Post 21 August 2012 Tuesday Edition 1; National Edition Innes England in hunt for stores for growing chain of supermarkets SECTION: BUSINESS POST;BUSINESS; p. 15
  15. The Daily Telegraph (London) 19 January 2012 Thursday Edition 2; National Edition Pound legacy of Woolworths sites BYLINE: Harry Wallop SECTION: BUSINESS; p. 3