Addo Food Group Limited
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Addo Food Group Limited - overview
Established
2006
Location
Nottingham, -, UK
Primary Industry
Food
About
Addo Food Group Limited is a UK-based company specializing in the production of chilled prepared foods, including savoury pastries, sweet treats, and plant-based options for various food service outlets. Addo Food Group Limited was founded in 2006 and operates from Nottingham, UK. The company focuses on the production of chilled prepared foods and was involved in a merger with Winterbotham, Darby & Co. Limited in October 2021, forming The Compleat Food Group.
The latest funding round was a Secondary Buyout amounting to GBP 100. 000 mn, facilitated by Fullbrook Thorpe Investments LLP and LDC, bringing the total amount raised to GBP 100. 000 mn. The company has completed 4 deals as of the most recent deal date on October 6, 2021.
The Compleat Food Group specializes in high-quality chilled prepared foods, offering a range that includes savory pastries, sweet treats, and plant-based options. Their product lineup features well-known brands such as Wall’s, Pork Farms, and Squeaky Bean, catering to diverse clientele including coffee shops, restaurants, pubs, and entertainment venues primarily across the UK. In 2017, Addo Food Group Limited reported a revenue of GBP 354,937,495. 3.
The EBITDA for the most recent year in 2023 was GBP -9,656. 8. The merger in October 2021 positioned The Compleat Food Group to enhance its market presence in the chilled prepared food sector. Future growth initiatives include the development of new product lines tailored to evolving consumer preferences.
The recent funding will support these initiatives, enabling expansion into new markets and geographic regions, with a particular focus on strengthening its distribution network within the UK food service sector.
Current Investors
The Compleat Food Group
Primary Industry
Food
Sub Industries
Bakery Products, Snack Foods, Food & Beverage Distribution
Website
www.addofoodgroup.com
Verticals
E-commerce, Manufacturing
Company Stage
Merged
Total Amount Raised
Subscriber access only
Addo Food Group Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Addo Food Group Limited, Winterbotham, Darby & Co.Limited | - | ||||||||
| Secondary Buyout | Completed | Addo Food Group Limited | - | ||||||||
| Secondary Buyout | Completed | Addo Food Group Limited | - | ||||||||
| Add-on | Completed | Kerry Foods' savoury pastry manufacturing assets | - | ||||||||
| Buyout | Completed | Addo Food Group Limited | - |
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