Wednesday, January 26, 2022

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 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.”

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