Tue, 01 Jul 2025 | BUSINESS SALE
Sofina Foods Europe, a North Yorkshire-headquartered supplier of seafood and pork products, has acquired food manufacturing business Finnebrogue. The acquisition adds four facilities in County Down, Northern Ireland, along with around 1,200 staff, meaning that Sofina Foods Europe now employs over 9,000 staff across 27 sites.
Established in 1991, Finnebrogue manufactures a wide range of food products, including sausages, rashers and ham made using outdoor-bred pork, along with a range of plant-based alternatives.
Sofina Foods Europe, which is headquartered in Malton, North Yorkshire, supplies both branded and own-label seafood and pork products. The group’s pork division is one of the UK and Ireland’s largest processors and suppliers, while its seafood businesses is the UK’s largest provider of chilled and frozen products.
The acquisition of Finnebrogue’s four County Down sites is expected to complement the group’s existing distribution network across both the UK and Europe. Sofina Foods founder, chairman and Chief Executive Michael Latifi said that the deal would enable the group “to continue our journey of ambitious expansion", adding that the two firms “share a common culture of excellence, discipline and integrity”.
Sofina Foods Europe CEO Ash Amirahmadi described Finnebrogue as a “hugely successful, award-winning business with similar values and principles to Sofina Foods Europe”.
Finnebrogue is comprised of three trading companies: bacon products division The Finnebrogue Bacon Company Limited, vegetarian and vegan products line Finnebrogue Vegetarian Company Limited and processed meat products business Lynn’s Country Foods Limited.
In the year to February 24 2024, the Finnebrogue Bacon Company reported turnover of £17.4 million, up from £15.6 million, and cut its post-tax losses from £4 million to around £3.6 million.
During the same period, the Finnebrogue Vegetarian Company reported turnover of £24 million, which was down from around £25.4 million the year prior, but cut its losses from £12.3 million to £4.4 million.
Lynn’s Country Foods, meanwhile, reported turnover of £159.3 million, up from £145.3 million, and increased its post-tax profits from £1.1 million to £5.2 million.
M&A is on the rise in the UK's food and beverage sector.
This is a rare opportunity to take over a fully fitted bar/restaurant in Leeds city centre, with a free of tie option and a 2am licence for weekends.
LEASEHOLD
This is a unique opportunity to acquire a stylish boutique hotel in Huddersfield, featuring a contemporary restaurant, a fully licensed bar, and extensive spa facilities, including a hydrotherapy pool and sauna.
FREEHOLD
Discover a thriving 110-cover pub and restaurant nestled by the riverbank, offering a prime opportunity for a new food-led or themed restaurant venture.
LEASEHOLD
Looking for more businesses? Try our off-market tool.
|
08
|
|
Oct
|
Accountancy group bk plus acquires Solihull-based Sephton | BUSINESS SALE
Private equity-backed accountancy group bk plus has acquired...
|
08
|
|
Oct
|
Kids Planet acquires two South East nurseries | BUSINESS SALE
Two day nurseries in Kent and East Sussex have been acquired...
|
08
|
|
Oct
|
M&A drives profit surge at PE-backed Fletchers Solicitors | BUSINESS NEWS
A run of acquisitions has driven sharp revenue and profit gr...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.