Bakkavor Group PLC: Greencore Acquisition and Financial Performance

On May 15, 2025, Bakkavor Group PLC, a UK-based company specializing in prepared food products, became the center of significant financial news as it was acquired by Greencore in a deal valued at approximately £1.2 billion. This acquisition was met with majority approval from Bakkavor shareholders, as reported by multiple sources including www.just-food.com and www.ajbell.co.uk . The deal, which was also valued at €1.4 billion according to www.breakingnews.ie , marks a significant consolidation in the UK food sector.

Greencore, a leading food group, has agreed to the terms of the acquisition, which is expected to enhance its market position and operational capabilities. The acquisition was announced alongside Greencore’s first-half profit surge, which has led to an uplift in its full-year 2025 outlook. This positive financial performance has contributed to an increase in Greencore’s stock value, as noted by www.rttnews.com .

In addition to the acquisition news, Bakkavor Group reported a 3.3% increase in Q1 revenues, positioning the company on track to achieve its adjusted profit margin target of 6% by FY27. This financial update was highlighted by www.rttnews.com .

The acquisition has also prompted regulatory disclosures, with Aberforth Partners LLP filing a Form 8.3 public opening position disclosure, as reported by www.finanznachrichten.de . Furthermore, a Form 8.5 public dealing disclosure was filed by an exempt principal trader, as noted by www.finanzen.net .

Bakkavor Group PLC, listed on the London Stock Exchange, operates in the Consumer Staples sector, specifically within the Food Products industry. As of May 12, 2025, the company’s close price was 187.2 GBP, with a 52-week high of 193.2 GBP and a low of 123.5 GBP. The company’s market capitalization stands at 1.03 billion GBP, with a price-to-earnings ratio of 18.77.

This acquisition by Greencore is expected to have significant implications for the prepared food market, potentially leading to enhanced product offerings and operational efficiencies. The deal has been well-received by the market, as evidenced by the positive reaction in share prices for both companies involved.