Greencore - M&A Summary and Business Overview

FoodCompany

Greencore M&A Summary

Greencore has acquired 15 companies, including 1 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 19 assets.

Greencore’s largest acquisition to date was in 2000, when it acquired Hazlewood Foods for $397M. It’s largest disclosed sale occurred in 2001, when it sold Ad van Geloven BV to Gilde Equity Management Benelux for $46M. Greencore has acquired in 5 different US states, and 2 countries. The Company’s most targeted sectors include food (80%) and forest products (7%).

Greencore Business Overview

Where is Greencore headquartered?

Greencore is headquartered in Dublin, Ireland.

What is Greencore’s revenue?

Greencore disclosed revenue of 1,325M GBP for 2021 and 1,265M GBP for 2020.

How many employees does Greencore have?

Greencore has 13,000 employees.

What sector is Greencore in?

Greencore is a food company.

When was Greencore founded?

Greencore was founded in 1991.

M&A Summary

  • M&A Total Activity34
    • M&A Buy Activity15
    • M&A Sell Activity19
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 22
  • M&A Advisors 4

Greencore

Greencore Group plc

No.2 Northwood Avenue, Northwood Business Park ,
Dublin, D09 X5N9
Ireland,
+353 (0)1605 1000
www.greencore.com

Greencore Group plc is a food company in Ireland. Established by the Irish Government in 1991 to take over nationalised Irish Sugar, today its lines span mainly convenience food related interests in Ireland and the United Kingdom. Greencore Group was founded in 1991 and is based in Dublin, Ireland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 15 - - - - - 15
vol $660M $660M
Sell (0.2/yr) # 18 - - - 1 - 19
vol $101M $11M $112M
  34

Most Recent M&A

Company Date Value Type
Trilby Trading Ltd. 2023-07-28 11M EUR Divestiture
Drogheda, Ireland · www.trilbytrading.com
Freshtime UK Ltd. 2019-09-03 86M GBP Add-on Acquisition
Lincolnshire, United Kingdom · www.freshtime.co.uk
Greencore USA 2018-10-15 - Divestiture
, United States
Greencore Group plc - Cakes & Desserts Business 2018-01-29 - Divestiture
, United Kingdom
Peacock Foods 2017-04-03 - Add-on Acquisition
Geneva, Illinois · www.peacockfoods.com
The Sandwich Factory Holdings Ltd. 2016-07-25 23M GBP Divestiture
Atherstone, United Kingdom
Prepared Foods Company 2014-11-14 - Add-on Acquisition
, United States
Ministry of Cake Ltd. 2014-06-19 - Divestiture
Taunton, United Kingdom · www.ministryofcake.co.uk
Lettieri's LLC 2014-02-25 - Add-on Acquisition
Shakopee, Minnesota · www.lettieris.com
H.C. Schau & Son, Inc. 2012-06-21 - Add-on Acquisition
Woodridge, Illinois · www.hcschau.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Food 12 (80%) 660M (100%) 14 (74%) 73M (65%)
Beverages 1 (7%) - 2 (11%) -
Distribution - - 2 (11%) 11M (10%)
Forest Products 1 (7%) - - -
Packaging 1 (7%) - - -
Agriculture - - 1 (5%) 28M (25%)
Total 15 $660M 19 $112M

By Geo

State/Country Buy Value Sell Value
United Kingdom 8 580M 8 55M
United States 7 80M 1 -
  Massachusetts 2 44M - -
  Illinois 2 - - -
  Minnesota 1 - - -
  Arizona 1 36M - -
Netherlands - - 5 46M
Ireland - - 4 11M
Belgium - - 1 -
Domestic - - 4 (21%) 11M (10%)
Cross-border 15 (100%) 660M (100%) 15 (79%) 101M (90%)
Total 15 $660M 19 $112M

Top M&A Advisors

Financial Deals
C.W. Downer & Co.
4
Stamford Partners LLP
2
Jefferies
1
Legal Deals
Eversheds LLP
1

Deal Values

buy # Total
$100M to $1B 1 $397M
< $100M 6 $263M
TOTAL $660M
Largest Hazlewood Foods Ltd.
$397M (2000-11-10)
sell # Total
< $100M 4 $112M
TOTAL $112M
Largest Ad van Geloven BV
$46M (2001-10-01)

M&A Connections

Deals
Acquired from
Investor(s)
27%
4 (27%)
Strategic(s)
13%
2 (13%)
Divested to
Investor(s)
16%
3 (16%)
Strategic(s)
84%
16 (84%)

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Related Lists for Greencore

Food Companies , Ireland Companies