Sign in to your account
Forgot / Reset Password? Click here
Not registered with Farmers Journal? Register now to read 5 Member articles for FREE
Or

To redeem your unique loyalty code from the print edition click HERE
Just one final step...
You must confirm your email address by clicking on the link we’ve sent to your email address.
You are only one short step away from reading...
Karro Food Group set for £180m sale
Register below to read FIVE Member articles
for free per month.
Or to redeem your unique loyalty code
from the print edition click HERE
Only takes a second!
Already registered with Farmers Journal? Sign in
By registering an account you agree to our Privacy Policy and Terms of Service.
code

Karro Food Group set for £180m sale

By on
The group owns a pig processing facility in Cookstown, Co Tyrone, as well as butchery chain McGee's based in Castleblayney, Co Monaghan.
The group owns a pig processing facility in Cookstown, Co Tyrone, as well as butchery chain McGee's based in Castleblayney, Co Monaghan.

Pork processor Karro Food Group is reportedly set to be purchased by London-based investment firm CapVest for £180m.

Karro was formed in 2012 when it split from Vion Food Group and is currently owned by investment firm Endless LLP.

Karro is headquartered in Malton, Yorkshire, and has a facility in Cookstown which processes around 1.2m pigs per year. The company employs around 3,000 staff across seven sites in the UK.

Butchery chain McGee’s is owned by Karro and is based in Castleblayney, Co Monaghan. It has concession stores within Asda stores across the UK.

Karro has experienced a significant turnaround in financial performance over the past three years. In 2015, Karro had profits (EBITDA) of £26.6m and turnover stood at £458m.

Buyer

CapVest has previous experience in the food sector having brought together Irish food brands Batchelors and Origin Foods in 2010 under the banner Valeo Foods.

It sold the holding company FoodVest in 2008 for £1.1bn after it was formed by the merger of seafood companies Young’s and Findus AB.

Related tags
Related Stories
Low bay fittings250w metal haloids9 fitting in totalAsk For Tony in ...
Farm fencing posts and strainers for sale, pressure treated to IS436 standard, a...
Top Quality chopped wheat straw in 8x4x2 bales www.strawchip.com...
Range of Refurb unlocked phones from €79! NATIONWIDE DELIVERY...
10 year guarantee. Water filters & outlet taps available...