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New Deal


Announced

Addo Food Group and Winterbotham Darby-backed The Compleat Food to acquire Wrights Food.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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United Kingdom

Pending

Acquisition

Private

chilled foods

Cross Border

Single Bidder

Food Products

Friendly

Majority

Synopsis

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Addo Food Group and Winterbotham Darby-backed The Compleat Food, a supplier of chilled foods, agreed to acquire Wrights Food, a food manufacturer. Financial terms were not disclosed. "We are delighted to welcome the Wrights Food Group into our pastry division. This move enables us to better serve our customers and offer a greater range of products, helping the group to further strengthen its position in UK retail and food service," Paul Monk, The Compleat Food Group Executive Chairman.

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