CapVest-backed Valeo Foods Group completed the acquisition of Matthew Walker from 2 Sisters Food Group for $82m.

CapVest-backed Valeo Foods Group, a pan-European producer of branded food and beverage products, completed the acquisition of Matthew Walker, the world’s oldest Christmas pudding maker, from 2 Sisters Food Group, a privately owned food manufacturing company, for $82m. "The strength of Matthew Walker’s market leadership combined with the strong consumer demand for its high-quality products make the business and its brands a great addition to our existing Valeo UK growth platform to sit alongside our wider portfolio of products including our very successful Rowse Honey brand. We look forward to welcoming and working with our new colleagues in Matthew Walker as we pursue our ambitious growth plans for the business,” Ian Ainsworth, Valeo Foods Managing Director.