M&A Deal Summary

Greencore Acquires The Sandwich Factory Holdings

On July 25, 2016, Greencore acquired food company The Sandwich Factory Holdings from Cranswick for 15M GBP

Acquisition Highlights
  • This is Greencore’s 11th transaction in the Food sector.
  • This is Greencore’s 5th largest (disclosed) transaction.
  • This is Greencore’s 7th transaction in the United Kingdom.

M&A Deal Summary
Date 2016-07-25
Target The Sandwich Factory Holdings
Sector Food
Buyer(s) Greencore
Sellers(s) Cranswick
Deal Type Divestiture
Deal Value 15M GBP

Target

The Sandwich Factory Holdings

Atherstone, United Kingdom
The Sandwich Factory Holdings Ltd. is a producer of food to go products for distribution in the convenience store and food service channels.

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Buyer(S) 1

Buyer

Greencore

Dublin, Ireland
Category Company
Founded 1991
Sector Food
Employees13,600
Revenue 1.9B GBP (2023)
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 13 of 15
Sector (Food) 11 of 12
Type (Divestiture) 2 of 2
Country (United Kingdom) 7 of 8
Year (2016) 1 of 1
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-14 Prepared Foods Company

United States

Prepared Foods Company provides food services in US.

Buy -
FOLLOWING 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 -

Seller(S) 1

SELLER

Cranswick

Hessle, United Kingdom
Category Company
Founded 1972
Sector Food
Employees14,500
Revenue 2.6B GBP (2024)
DESCRIPTION

Cranswick is a manufacturer and supplier of premium, fresh and added-value food products. Cranswick was founded in 1972 and is headquartered in Hessle, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-23 Benson Park

Kingston upon Hull, United Kingdom

Benson Park Ltd. is a manufacturer of cooked poultry products. Benson Park was formed in 2002 and is based in Kingston upon Hull, England.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-16 Dunbia Ballymena

County Tyrone, Ireland

Dunbia Ballymena is a food manufacturing company, that supplies quality meat products. Dunbia Ballymena was established in 1976 and is headquartered in County Tyrone, Ireland.

Buy -
Mergr

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