Literacy Capital completes investment in meat producer Langford's

Literacy Capital PLC on Wednesday said it has completed an investment into Welsh meat producer Langford’s.

The London-based investment company focused on UK businesses said its investment allows the retirement of founders John Langford and Christine Gethin, while Josh Gethin remains in the business as managing director.

Welshpool, Wales-based Langford’s employs 40 staff and supplies premium meat products.

Literacy Capital said it has invested alongside Mark Chantler, who joins the newly formed parent company of Langford’s, Red Sky Food Group Ltd, as executive chair.

Literacy Capital said Red Sky Food Group will look to grow organically with acquisitions in the food manufacturing sector, focused on protein-based products.

Richard Pindar, chief executive officer of Literacy Capital’s investment manager, said: ‘We are really pleased to announce the completion of our investment in Langford’s, another successful founder-owned business, and to co-invest alongside Mark Chantler.

‘We have appraised several food manufacturing businesses over a reasonable period with Mark and are delighted that Langford’s is the first business to join the newly created Red Sky Food Group. The approach taken with Mark demonstrates the patience shown and time needed to unearth attractive investment opportunities, which are considered to have sufficient potential to generate strong returns for shareholders.’

Shares in Literacy Capital were down 2.7% to 392.00 pence in London on Wednesday morning.

Copyright 2025 Alliance News Ltd. All Rights Reserved.