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Sofina Foods acquires Finnebrogue food manufacturer

Jul 02, 202520 days ago

Acquiring Company

Sofina Foods

Acquired Company

Finnebrogue

EnglandNorthern IrelandFood ProcessingHospitalityFood and BeverageFood ProcessingHospitalityFood and BeverageManufacturing

Description

Sofina Foods has acquired Finnebrogue, enhancing its portfolio and expanding its workforce in Europe. This merger will strengthen Sofina's food distribution network across the UK and Europe. The acquisition aligns with Sofina's goal of ambitious expansion and maintaining a legacy of excellence in food production. Both companies share common values, paving the way for future growth.

Company Information

Company

Sofina Foods

Location

England, United Kingdom

About

Sofina Foods is one of the largest Canadian-owned food companies globally, generating over £3.8 billion in revenue. It operates more than 40 sites across Canada, the UK, Ireland, Germany, and France. The company specializes in premium food products and employs over 14,000 people worldwide.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed