Greencore Group plc has acquired Bakkavor Group plc, positioning itself as the UK's leading convenience food manufacturer and enabling significant growth opportunities through enhanced innovation and operational synergies.

Target Information

Greencore Group plc is a leading manufacturer of convenience foods in the United Kingdom. As of the first quarter ending December 26, 2025, Greencore reported significant growth, boasting a 5.4% increase in revenue compared to the same period in the previous fiscal year. The company's strong performance is attributed to the dedicated efforts of its workforce, particularly during the peak Christmas season, and strategic expansions within the market. A notable milestone for Greencore occurred with the recent acquisition of Bakkavor Group plc, further solidifying its position in the convenience food sector.

Industry Overview

The convenience food market in the UK has continued to thrive, driven by evolving consumer preferences and a growing demand for quick, ready-to-eat meals. This sector has been particularly robust, with reports suggesting an annual growth rate above the broader grocery market. Market trends indicate strong performance across various categories, including sandwiches and sushi, where premium options are seeing double-digit growth.

Technological advancements and product innovation remain critical as manufacturers strive to meet consumer demands for healthier and convenient