M&A Deal Summary

Bright Blue Foods Acquires Greencore Group - Cakes & Desserts Business

On January 29, 2018, Bright Blue Foods acquired food company Greencore Group - Cakes & Desserts Business from Greencore

Acquisition Highlights
  • This is Bright Blue Foods’ 1st transaction in the Food sector.
  • This is Bright Blue Foods’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-01-29
Target Greencore Group - Cakes & Desserts Business
Sector Food
Buyer(s) Bright Blue Foods
Sellers(s) Greencore
Deal Type Divestiture

Target

Greencore Group - Cakes & Desserts Business

United Kingdom
Greencore Group plc - Cakes & Desserts Business engages in cake manufacturing.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Bright Blue Foods

Blackburn, United Kingdom

Category Company
Sector Food
DESCRIPTION

Bright Blue Foods is a cake manufacturer in the UK. It trades from four sites in the UK and one in Poland and employs over 2,000 people. The business delivers ‘best in class’ operational performance across a broad range of production capabilities including mince pies, fruit tarts, swiss rolls, celebration cakes and chilled desserts. Bright Blue Foods is based in Blackburn, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Greencore

Dublin, Ireland

Category Company
Founded 1991
Sector Food
Employees13,300
Revenue 1.8B GBP (2024)
DESCRIPTION

Greencore Group is a food company, offering sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings. Greencore Group was founded in 1991 and is based in Dublin, Ireland.


DEAL STATS #
Overall 17 of 19
Sector: Food M&A 13 of 14
Type: Divestiture M&A Deals 17 of 19
Country: United Kingdom M&A 8 of 8
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Peacock Foods

Geneva, Illinois, United States

Peacock is a provider of outsourced supply chain management and packaging solutions to the food industry. Peacock’s full range of services includes primary and secondary packaging of ambient, refrigerated and frozen food products. In addition, the company provides customers with project engineering, design consulting, materials management, primary food processing, warehousing and shipping services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-15 Greencore USA

United States

Greencore USA is a provider in frozen contract packaging and a top producer of refrigerated, fresh-made sandwiches, entrees, and salad kits.

Sell -