It will continue to grow a range of culinary herbs at its Bridge Farm site in Spalding for supply to the retail industry across the UK.
Bridge Farm director David Ball said the purchase was an exciting and positive step for the business with the additional opportunities it will bring in the fresh produce sector.
Neame Lea Fresh will continue to operate with its current production team, and additional growth will be
supported by its sister company, Neame Lea Nursery, which has recently completed a £6m development.
All correspondence for Neame Lea Fresh will be directed through its head office on Horseshoe Road, Spalding.
Ball added: "The new glasshouse is looking good – we have already started planting in there, however it will be a couple more weeks before the robotics are completed.
"We’re looking forward to this year’s season. Most of our customers had an excellent 2015 and so we are looking to build on that, with growth in various areas. No doubt it will continue to be a challenging industry with the effects of the NLW and further consolidation, but there are still plenty of opportunities out there and we are very enthusiastic about the season ahead."