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Sofina Foods and Eight Fifty

CapVest Enters Into an Agreement with Markham Headquartered Sofina Foods for the Sale of Eight Fifty Food Group

Funds managed by CapVest Partners LLP, an international private equity firm, have agreed on the sale of Eight Fifty Food Group to Sofina Foods Inc., a leading Canadian multi-protein producer, for an undisclosed consideration.
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Sofina Foods and Eight Fifty

MARKHAM, ON, March 29, 2021 /CNW/ – Funds managed by CapVest Partners LLP (“CapVest”), an international private equity firm, have agreed on the sale of Eight Fifty Food Group (“Eight Fifty” or “the Group”) to Sofina Foods Inc. (“Sofina Foods”), a leading Canadian multi-protein producer, for an undisclosed consideration.

CapVest acquired Karro Food Group, a leading UK pork processor, in 2017. CapVest and Management subsequently acquired iconic seafood business Young’s Seafood in 2019 to create Eight Fifty Food Group. Eight Fifty later consolidated five other protein businesses from across Europe to create what is today a leading European multi-protein specialist.

Full Article: newswire.ca