The Eight Fifty Food Group, parent to the Karro pigmeat processor and Young’s seafood businesses, has acquired Carroll’s Cuisine in Ireland, subject to approvals, to grow its portfolio of quality protein products.
Malton-based Eight Fifty, majority controlled by the CapVest Partners investment fund, has bought Carroll’s from the Carlyle Cardinal Ireland fundholder. Financial details are not available. The deal will increase Eight Fifty’s proforma sales to some £1.9 billion, with 8,300 employees across 23 manufacturing sites in the UK, the Republic of Ireland, Germany and France.
Carroll’s, located at Tullamore in County Offaly where it specialises in cooked meats, will be integrated into Eight Fifty’s pork division. The deal further expands Eight Fifty’s presence in the Republic of Ireland, following last year’s acquisition of the M&M Walshe gammon and bacon manufacturer.