The Compleat Food Group has signed a deal to acquire Greencore’s Bristol chilled soup and convenience food manufacturing facility.
The move follows Greencore’s decision to divest the Bristol site as part of the remedies required for the Competition and Markets Authority’s (CMA) Phase 2 investigation into Bakkavor’s proposed acquisition.
The CMA said the acquisition could reduce competition and potentially increase prices for consumers.
CMA executive director of mergers Joel Bamford said at the time: “The cost of our weekly shop matters to us all, so we must take decisions that ensure there is effective competition helping to keep product prices as low as possible on supermarket shelves. Our assessment found Greencore’s deal to buy Bakkavor could raise prices at the till.”
Greencore’s Bristol facility generated approximately £47 million in revenue for the 52-week period ending 26 September 2025.
The sale remains subject to CMA approval and will follow a public consultation process before it can be finalised.
A statement by Greencore Group said: “As previously announced, the Disposal will enable Greencore to target completion of the Transaction in early 2026, subject to the satisfaction of the outstanding conditions to the scheme of arrangement, which include the CMA’s approval of the Disposal and the sanction of the Scheme by the Court.”
Once the Bristol site sale is completed, Greencore will be able to proceed with its acquisition of convenience food manufacturer Bakkavor.
An official completion date for the transaction has not yet been disclosed.
