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Endless agrees to back bacon producer Vion MBO

13 Dec 2012

UK-based turnaround specialist Endless has backed the MBO of pork supplier Vion Food UK from Dutch food and ingredients company VION.

Although financial details of the deal were not disclosed, Vion Food will deliver turnover of more than £500m for 2012.

The company operates from nine sites across the UK and one in the Republic of Ireland.

An Endless spokesman said, “We are delighted to have been selected by the MBO team to support their plans and aspirations for such a strategically important business in the UK food sector, with its focus on local produce at a time when end customers demands for British-sourced food are increasing.”

Vion Food produces port, bacon, sausage and cooked meat products, is descended from Royal Warrant-holding bacon specialist Case & Sons which was established in 1877.

Earlier this year Endless sold Phoenix Foods – a maker of powdered drinks and foods and one of the UK turnaround firm’s last investments from its first fund – to strategic buyer Specialty Powders Holdings.

Phoenix Foods received its initial investment from Leeds-based Endless in 2008.

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