Monday, November 25, 2024

Chilled food company snaps up frozen specialist

Wrights Food Group has been sold to The Compleat Food Group.

The Compleat Food Group was formed through the merger of Nottingham-based Addo Food Group and Winterbotham Darby in January 2021 in order to become the UK’s no. 1 chilled prepared food company.

The acquisition of Wrights, a specialist in frozen foods, complements The Compleat Food Group’s existing chilled portfolio, significantly expands its customer base and provides it with much greater penetration into the UK’s foodservice markets.

Wrights Food Group was founded in 1926 as a local family-owned pie business. Under the leadership of Peter Wright, it has grown into one of the UK’s leading manufacturers of frozen savoury pastry, sweet bakery and ready meals to foodservice and retail channels across the UK. It also operates a chain of branded bakery stores in the Northwest.

Oghma Partners acted as exclusive financial advisor to the shareholder of Wrights Food Group.

Mark Lynch, partner at Oghma Partners, said: “We were thrilled to be able to work with Peter and the Wrights management team on the sale of the business to The Compleat Food Group. It was important to Peter to pass the ownership of his business to a purchaser that would build on the legacy which the Wrights family worked so hard to create.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.









Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close