Deal typePrivate Equity & Transaction Services
IndustryManufacturing
Sub-industryFood and drink
Client nameEntrepreneurial Food Group LLC
BDO has provided vendor assist services to support the sale of SK Foods and Zorba Foods to The Compleat Food Group.
SK and Zorba are two food businesses that are category leaders in private label chilled party foods and dips and deli fillings, with a combined turnover of over £160m and over 1,150 employees.
Formed in 1987, Teesside-based SK Foods employs over 770 people and specialises in high-quality, globally inspired party foods including Indian, Oriental, Tex Mex, Mediterranean, and Traditional British favourites.
South Wales-based Zorba Foods was formed in 1976. Now employing nearly 380 people at its Gwent site, it started out creating authentic Greek houmous, before expanding to cover a range of Greek, Traditional, Tex Mex and Asian-inspired dips and sauces, alongside soups, for retail and foodservice.
These latest strategic acquisitions by Compleat support its journey to become the UK’s number one chilled prepared food company, expanding its significant existing market share and production capabilities.
The BDO project team included:
Matt Copley, Jeff Gardner, Rosie Lakin, Kieron Brown (Financial due diligence)
Mark Thornton, Dan Webster, Callum Cree, Maddy Park (BR)
SK and Zorba are two food businesses that are category leaders in private label chilled party foods and dips and deli fillings, with a combined turnover of over £160m and over 1,150 employees.
Formed in 1987, Teesside-based SK Foods employs over 770 people and specialises in high-quality, globally inspired party foods including Indian, Oriental, Tex Mex, Mediterranean, and Traditional British favourites.
South Wales-based Zorba Foods was formed in 1976. Now employing nearly 380 people at its Gwent site, it started out creating authentic Greek houmous, before expanding to cover a range of Greek, Traditional, Tex Mex and Asian-inspired dips and sauces, alongside soups, for retail and foodservice.
These latest strategic acquisitions by Compleat support its journey to become the UK’s number one chilled prepared food company, expanding its significant existing market share and production capabilities.
The BDO project team included:
Matt Copley, Jeff Gardner, Rosie Lakin, Kieron Brown (Financial due diligence)
Mark Thornton, Dan Webster, Callum Cree, Maddy Park (BR)