Panicium has acquired Binghams Food to enhance its portfolio in the artisan specialty food sector, leveraging Binghams' reputation and distribution networks to drive growth.

Target Company Overview

Panicium, a buy-and-build artisan specialty food group, has successfully acquired Binghams Food, a Sheffield-based company specializing in potted meats and fresh spreads. Founded in 1914 by Charles Bingham, Binghams has established itself as a reputable producer, maintaining a legacy of quality by utilizing selected high-quality cuts of British beef and pork in its products. The company’s offerings, which are based on century-old recipes, are now part of a portfolio that includes over four million items sold annually through a robust network of retailers, distributors, and sandwich shops throughout the UK.

This acquisition is aligned with Panicium’s strategic expansion efforts, following the successful purchase of Margaret Hall in 2018, which produces handmade cakes and biscuits under the Margaret’s Country Kitchen brand. This move demonstrates Panicium's commitment to enhancing its market presence and broadening its product range within the specialty food sector.

Industry Overview

In the UK, the specialty food industry has experienced significant growth, driven by increasing consumer demand for high-quality, artisanal products. This trend is particularly evident as consumers seek out unique flavors and premiu