The Compleat Food Group, a major player in the UK’s chilled food scene, has just acquired Greencore’s sauces and soups business in Bristol. This move follows the green light from the Competition and Markets Authority (CMA).
This acquisition helps The Compleat Food Group inch closer to its goal of being the UK’s top provider of chilled prepared foods. The Bristol plant, covering an area of 50,438 square feet, employs about 300 people. It specializes in creating chilled sauces and soups for big retailers across the country.
All employees from Greencore will retain their jobs at The Compleat Food Group, ensuring a smooth transition and continued operation at the Bristol site. This deal builds on The Compleat’s earlier acquisition of Zorba Foods, a producer of dips and soups, and extends their reach in the chilled food sector.
Earlier this year, the group also acquired Freshpak, a notable egg processor, and The Real Yorkshire Pudding Company, the leading supplier of chilled Yorkshire puddings in the UK. Now, their total revenue stands at £1.4 billion, with over 6,300 employees spread across 18 sites.
According to recent reports, the UK’s chilled prepared food market is on the rise, with a projected growth of 3.2% annually. This trend highlights the increasing demand for convenient, high-quality food options.
Nick Field, CEO of The Compleat Food Group, expressed enthusiasm about the acquisition, stating that it enhances their expertise in two growing categories: sauces and soups. “We’re excited to welcome the Bristol team,” he said, emphasizing the potential for innovation in their offerings.
The Compleat Food Group is known for its popular brands, including Wall’s Pastry and Squeaky Bean. They collaborate with leading retailers and foodservice providers to deliver a variety of food products, including plant-based options, pastries, and deli items.
With this acquisition, The Compleat Food Group is well-positioned to meet the growing demand for chilled foods while continuing to innovate. The Bristol facility will play a key role in their future success.
For more insights on the food industry, check out reliable sources like the [Food and Drink Federation](https://www.fdf.org.uk/).
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