Foresight Group has invested in Quality Food Products, facilitating new leadership and ambitious growth plans in Scotland's vital food processing sector.
Information on the Target
Quality Food Products, established in 1969, is a leading meat processor based in Aberdeen, Scotland. The company, a family-founded business, currently employs 60 individuals and provides quality meat products to both retail and wholesale customers across the UK. Following a recent investment from Foresight Group, Quality Food Products aims to expand its operations and create additional job opportunities within one of Scotland’s vital economic sectors.
The investment facilitates the exit of the family shareholders, allowing for the introduction of a new management team. Brian McMonagle, a seasoned executive with a history of leadership roles in notable food processing companies including Finnebrogue Artisan, is set to steer the company as the Executive Chair, collaborating with Graeme Murray, the new Managing Director.
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Industry Overview in Scotland
The food processing industry in Scotland is a significant contributor to the country's economy. With a reputation for high-quality products, the sector supports thousands of jobs and generates substantial
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Foresight Group
invested in
Quality Food Products
in 2024
in a Management Buyout / Buy-In (MBO) deal
Disclosed details
Transaction Size: $54M