Tue, 04 Aug 2026 | BUSINESS SALE
Glenhaven Foods, an Ireland-based producer of frozen breaded chicken products, is set to be purchased by Sweden-headquartered Scandi Standard, after the group entered into an agreement to acquire the firm at an enterprise value of €127 million (approx. £108.8 million).
The consideration reflects an EV/EBIT multiple of approximately 8.2x, based on Glenhaven Foods’ normalised EBIT for 2025. The deal is structured as a combination of cash, alongside an interest-free vendor note corresponding to around a third of the purchase price, payable within one year of the deal completing.
The deal is set to strengthen Scandi Standard’s position in the UK and Ireland’s ready-to-eat and value-added poultry category, as well as expanding its presence in the region, building on its existing business - Manor Farm.
The acquisition also supports its aim of becoming the leading chicken company in Europe, creating a platform for further growth in the UK - one of Europe’s largest value-added poultry product markets.
Arklow-based Glenhaven Foods supplies retail, foodservice and quick-service restaurant customers throughout the UK and Ireland, with a number of longstanding customer relationships. Founded in 1986, the company employs approximately 190 staff and has undertaken recent investments to expand its production capacity.
Jonas Tunestål, CEO of Scandi Standard, commented: "Glenhaven Foods is an excellent strategic fit for Scandi Standard. The acquisition strengthens our position in value-added and ready-to-eat poultry products, expands our presence in Ireland and the UK and brings a highly capable team with a strong track record of profitable growth.”
“We are delighted to welcome Glenhaven Foods to our Irish business, led by Manor Farm, and look forward to building on the strong foundations already established.”
Barry Cahill, CEO and co-owner of Glenhaven Foods, said: “Glenhaven's success is down to the hard work of our colleagues, our focus on quality and always putting our customers first. We truly believe Scandi Standard and Manor Farm are the right partners for our next chapter. They bring the scale and ambition to help us grow, while holding onto the family values that make Glenhaven what it is today.”
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