UK Pork Processor Karro Food Group Acquires Young’s Seafood

July 8, 2019

Willkie represented CapVest Partners and its portfolio company Karro Food Group in the acquisition.

Karro Food Group, a UK pork processor owned by private equity firm CapVest Partners, reached an agreement to acquire Young’s Seafood. Based in Grimsby, UK, Young’s Seafood, the UK’s largest specialist seafood brand, manufactures and markets seafood products, and supplies frozen and chilled seafood products to the retail and food service sectors. Karro is a leading producer of bacon, gammon, fresh pork, frozen sausage, ham and cooked meats. The company supplies meat products to retail, foodservice and manufacturing customers across the UK.

Since inception in 1999, CapVest has raised in excess of €4 billion in commitments and has completed over 150 transactions. CapVest has invested in businesses in continental Europe, Scandinavia, the United Kingdom and Ireland and North America.

The Willkie deal team was led by partner David Arnold and associate Andy Gray and included partner Jane Scobie; and associates Fionnuala Lynch, Seti Taei and Harrison Hutchison.