Sofina Foods Expands with Acquisition of Finnebrogue
Deal News | Jul 02, 2025 | B Daily
Sofina Foods, a major player in the seafood and meat processing industry, has acquired Finnebrogue, a prominent burger and sausage manufacturer based in Northern Ireland. This acquisition is part of Sofina's ambitious expansion plan and will increase its European presence with over 9,000 employees across 27 sites. Michael Latifi, the founder and CEO of Sofina Foods, highlights the growth potential for both companies due to a shared culture of excellence and integrity. The deal also involves several advisory firms including PwC, Taylor Wessing, Tughans LLP, Ashurst, and Tetra Tech, with Sofina's in-house teams managing the financial, tax, treasury, and legal aspects.
Sectors
- Food Processing
- Mergers and Acquisitions
Geography
- United Kingdom – The acquisition involves both UK-based firms, Sofina Foods located in Malton, North Yorkshire, and Finnebrogue based in Northern Ireland.
- Europe – The expansion of Sofina's European footprint to 27 sites across the continent is a significant aspect of the acquisition.
Industry
- Food Processing – The industry involves the transformation of raw ingredients into food products, aligning with the activities of Sofina Foods and Finnebrogue as they both operate in the production of seafood and meat-based products.
- Mergers and Acquisitions – Relevant due to Sofina Foods acquiring Finnebrogue, representing a strategic expansion in the company's operations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sofina Foods | Bidding Company | Company | A Malton, North Yorkshire-based seafood and meat processing company acquiring Finnebrogue. |
| Finnebrogue | Target Company | Company | A Northern Ireland-based firm known for producing burgers and sausages. |
| Michael Latifi | Chief Executive of Sofina Foods | Person | Founder, chair, and CEO of Sofina Foods, leading the company's strategic growth. |
| Roger Burnley | Chair of Finnebrogue | Person | Chairman of Finnebrogue who supports the acquisition by Sofina Foods. |
| PwC | Advisory Firm | Company | Provided advisory support for the deal. |
| Taylor Wessing | Legal Advisor | Company | Part of the legal advisory team for the acquisition. |
| Tughans LLP | Legal Advisor | Company | Part of the legal advisory team for the acquisition. |
| Ashurst | Legal Advisor | Company | Part of the legal advisory team involved in the deal. |
| Tetra Tech | Commercial Advisor | Company | Provided commercial advisory support for the acquisition. |