Sale of Carroll Cuisine UC to Eight Fifty Food Group Ltd.
Pegasus Capital has advised Carroll Cuisine UC (“Carroll Cuisine”) on the sale of the business to Eight Fifty Food Group Ltd., a portfolio company of CapVest Partners.
Previously owned by Carlyle Cardinal Ireland, Carroll Cuisine is the no. 1 player in the sliced cooked ham and ready meals segments of the Irish chilled food sector.
Established in 1979, the business supplies all major Irish grocery retailers and has a widely recognised and highly regarded brand.
Eight Fifty Food Group Ltd. has an existing portfolio of complementary meat and fish business and is a strong strategic fit for Carroll Cuisine.
Year: 2021
Sector: Food & Drink
Terms: Not disclosed
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