Yorkshire-based Eight Fifty Food Group, the owner of Karro and Young’s, has acquired Irish pork company, M&M Walshe, for an undisclosed fee.
M&M Walshe, which trades as RibWorld, Callan Bacon and Stirchley Bacon, is a processor and multi-channel supplier of gammon, bacon and sous-vide meat products. The business employs approximately 550 people across its three sites located in Tipperary and Kilkenny in the Republic of Ireland and Redditch in the UK.
The business will be integrated into Eight Fifty’s pork division, with M&M Walshe’s sous-vide products complementing Eight Fifty’s existing customer offering. The transaction represents the Eight Fifty’s first acquisition outside the UK.
The transaction, which is subject to standard closing conditions and approval from the Irish Competition and Consumer Protection Commission, will boost Eight Fifty’s sales to around £1.4bn and staff numbers to more than 7,500 people across 19 sites in the UK and Ireland. The Walshe family, who have operated M&M Walshe since its foundation in 1981, will remain involved with the business post-transaction.Read full article Share on twitter