Greencore Group

Bakkavor acquisition: a detailed study

  • Sectors : Foods
  • Companies : Greencore Group

Ratings and price correct at time of issue.

  • Greencore Group

    Closing Price: 228p

  • RATING 04/04/24

  • PREVIOUS RATING 13/03/18

    NEUTRAL

DAVY VIEW

We view the Greencore-Bakkavor acquisition as a compelling value creation opportunity. It establishes a c.£4bn revenue leader in chilled convenience foods by combining complementary product offerings, customer bases and operational assets. This acquisition significantly enhances scale, potential for operational efficiency and competitive positioning.

Download full report with analyst certification and important disclosures

Jun 10 2025, 07:00 IST/BST

Download