Food group behind Young's Seafood is sold to Canada-based Sofina Foods

By Greg Wright
Published 29th Mar 2021, 15:24 BST
Updated 29th Mar 2021, 15:26 BST
CapVest acquired Karro Food Group, a major UK pork processor, in 2017. CapVest and management subsequently acquired Young’s Seafood in 2019 to create Eight Fifty Food Group.CapVest acquired Karro Food Group, a major UK pork processor, in 2017. CapVest and management subsequently acquired Young’s Seafood in 2019 to create Eight Fifty Food Group.
CapVest acquired Karro Food Group, a major UK pork processor, in 2017. CapVest and management subsequently acquired Young’s Seafood in 2019 to create Eight Fifty Food Group.
A food group which includes the famous Young’s Seafood business has been sold to one of Canada’s largest food producers.

Funds managed by CapVest Partners LLP an international private equity firm, have agreed the sale of Eight Fifty Food Group to Sofina Foods Inc, a Canadian multi-protein producer, for an undisclosed consideration.

CapVest acquired Karro Food Group, a major UK pork processor, in 2017. CapVest and management subsequently acquired Young’s Seafood in 2019 to create Eight Fifty Food Group.

Hide Ad
Hide Ad

Eight Fifty later consolidated five other protein businesses from across Europe to create a major European multi-protein specialist. Eight Fifty is a supplier of both branded and own-label seafood and pork.

The pork division is one of the largest processors and suppliers of products across the UK and Ireland. The seafood division is the largest provider of chilled and frozen products across the UK, including the Young’s brand, and is a major player in frozen seafood across Germany and France.