Eight Fifty Food Group, a company in the CapVest private equity portfolio, has agreed to acquire Carroll's Cuisine, the Tullamore-based ham maker, for an undisclosed sum.
The deal is the fourth for Eight Fifty since the pork-and-seafood company formed in 2019 with the merger of Northern Ireland's Karro Food Group and Young's Seafood, the UK's biggest specialist seafood brand.
Eight Fifty is buying the Co Offaly business from Carlyle Cardinal Ireland (CCI), a joint venture between Cardinal Capital and the Carlyle Group with a diverse portfolio of corporate and real estate interests. It follows the recent exit by CCI from AA Ireland.