The Compleat Food Group, the owner of brands such as Pork Farms, Wall’s Pastry, and Squeaky Bean, has acquired SK Foods and Zorba Foods from The Entrepreneurial Food Group for an undisclosed figure.
The two food businesses are category leaders in private label chilled party foods, dips and deli fillings, with a combined turnover of over £160m and more than 1,150 staff.
The acquisitions by The Compleat Food Group are part of its drive to become the “UK’s number one chilled prepared food company”.
Backed by private equity firm PAI Partners, The Compleat Food Group was formed in 2021 and currently employs over 3,800 people across 10 sites with an annual turnover in excess of £0.75bn. Its other brands include unearthed, Vadasz, Wrights, and its most recent addition Palace Culture.
With a strong market share within the branded and private label chilled Mediterranean-deli and Olives and Antipasti categories, The Compleat Food Group stated that it was adding SK Foods and Zorba Delicacies’ complementary products to its portfolio, gaining access to a range of new categories and expanding its production capabilities.
Teesside-based SK Foods specialises in globally inspired party foods including Indian, Oriental, Tex Mex, Mediterranean, and traditional British favourites. It holds around 40% of the market share for private label party foods outside of the Christmas period.
South Wales-based Zorba Foods makes a range of Greek, Traditional, Tex Mex and Asian-inspired dips and sauces, alongside soups, for retail and foodservice. It holds around 25% share of the private label dips market.
Nick Field, CEO at The Compleat Food Group, commented: “We’re incredibly excited about these two significant additions and what they bring to the group, with both companies having strong heritage in their categories for creating great food that people love. We plan to continue investment in both companies to extend their respective capabilities, allowing us to further innovate and inspire within their categories.
“For The Compleat Food Group, these acquisitions accelerate our commitment to build on our breadth of capability, increase our category leadership position, and deliver more excitement and interest to delight our consumers, driving sustained growth in the sector.”
