Greencore, which has its UK office in Worksop, has signed a binding agreement to sell its Bristol chilled soups and sauces manufacturing site to Nottingham’s Compleat Food Group.
It follows the announcement from the Competition and Markets Authority (CMA) that it has accepted in principle the sale of the Bristol site as the proposed remedy in lieu of a Phase 2 investigation in respect of Greencore’s acquisition of Bakkavor, through which the firms are aiming to create a leading convenience food business.
The disposal is subject to formal CMA approval.
The Bristol site and its related business generated revenue of approximately £47m in the year ended 26 September 2025, which would represent c. 1% of the revenues of the combined Greencore and Bakkavor group.
The disposal will enable Greencore to target completion of the transaction in early 2026.
