Major Food Industry Merger: Sofina Foods Europe Acquires Finnebrogue
In a significant move within the food manufacturing sector, Sofina Foods Europe has announced the acquisition of Finnebrogue, a family-owned, award-winning food manufacturing business based in County Down, Northern Ireland. This strategic acquisition marks a pivotal step in Sofina Foods Europe's ambitious expansion plans, reinforcing its position as a leading supplier of branded and own-label seafood and pork products across the UK and Europe.
Finnebrogue, established in 1991, employs approximately 1,200 people across four state-of-the-art facilities. Known for its wide range of products, including outdoor-bred pork, sausages, rashers, ham, and plant-based alternatives, Finnebrogue's commitment to sustainable, high-quality food production aligns seamlessly with Sofina Foods Europe's values and operational ethos. The acquisition is set to enhance Sofina Foods Europe's distribution network, leveraging Finnebrogue's established presence in Northern Ireland.
Michael Latifi, Founder, Chairman, and CEO of Sofina Foods, expressed enthusiasm about the acquisition, highlighting the shared culture of excellence, discipline, and integrity between the two companies. 'This acquisition will allow Sofina Foods to continue our journey of ambitious expansion,' Latifi stated, underscoring the strategic fit and mutual benefits of the merger. Ash Amirahmadi, CEO of Sofina Foods Europe, also welcomed the addition of Finnebrogue to the Sofina Foods family, citing the company's success and alignment with Sofina's principles.
With this acquisition, Sofina Foods Europe's workforce expands to over 9,000 employees across 27 sites, further solidifying its footprint in the food industry. The integration of Finnebrogue into Sofina Foods Europe's operations is expected to drive growth, innovation, and sustainability in food production, benefiting consumers across the UK and Europe with an even broader range of high-quality food products.
