Sofina Foods has confirmed its acquisition of Finnebrogue, a family-owned, award-winning food manufacturing business, established in 1991.
Finnebrogue produces a wide range of food products, including outdoor-bred pork, sausages, rashers, and ham, as well as plant-based alternatives, and currently employs around 1,200 people across four facilities in County Down, Northern Ireland.
Sofina Foods Europe is a leading supplier of both branded and own-label seafood and pork products.
The pork division is one of the largest processors and suppliers of products across the UK and Ireland. The seafood division is the largest provider of chilled and frozen products across the UK, including the Young’s brand, and is a major player in frozen seafood across Germany and France.
With this acquisition, Sofina Foods Europe now employs over 9,000 people across 27 sites.
Finnebrogue sites will continue to provide sustainable, high-quality food products and will complement Sofina Foods Europe’s existing food distribution network across the UK and in Europe.
Michael Latifi, Founder, Chairman and CEO, Sofina Foods, said: “This acquisition will allow Sofina Foods to continue our journey of ambitious expansion. We have created a global foundation for continued growth, with a history of excellence in food production and processing spanning over 30 years. Both Sofina Foods and Finnebrogue share a common culture of excellence, discipline and integrity and I look forward to building on the strengths of both companies.”
Christine Lynn, Co-founder Finnebrogue said: “My late husband Denis and I started Finnebrogue Venison in December 1991. With Denis’s vision and innovation, the business grew into one of the leading food companies in Northern Ireland, making food the best it could be, without being bound by the way it had always been done, and creating over 1,200 jobs along the way.
“In May 2021, my husband tragically died; from then on I have had the support and backing of the leadership team which Denis created, and I am so proud that Finnebrogue has continued to prosper and grow.
“But the time has now come for me to hand over the baton, and to do so to Sofina who I know will uphold Denis’s legacy and take Finnebrogue on to its next chapter.”
Sofina Foods Finance, Tax, Treasury and Legal Teams managed this transaction with external support from PWC, Taylor Wessing, Tughans LLP, Ashurst, and Tetra Tech.
During the process, Finnebrogue were advised by Piper Sandler, Carson McDowell and EY.
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