Ankündigung • Jan 16

Greencore Group plc completed the acquisition of Bakkavor Group plc (LSE:BAKK) from LongRange Capital Fund I, L.P., a fund managed by LongRange Capital, L.P., Carrion Enterprises Ltd, Umbriel Ventures Ltd and other shareholders.

Greencore Group plc made a proposal to acquire Bakkavor Group plc (LSE:BAKK) from LongRange Capital Fund I, L.P., a fund managed by LongRange Capital, L.P., Carrion Enterprises Ltd, Umbriel Ventures Ltd and other shareholders on February 25, 2025. Greencore Group plc made a revised proposal to acquire Bakkavor Group plc (LSE:BAKK) for £1.1 billion on March 7, 2025. Greencore Group plc reached an agreement in principle of Bakkavor Group plc (LSE:BAKK) for £1.2 billion on April 2, 2025. Greencore Group has made two proposals to Bakkavor regarding a possible cash and share offer for Bakkavor. Under the terms of the Revised Proposal: the terms of the Revised Proposal are: £0.85 in cash and 0.523 Greencore shares for each Bakkavor share. In addition Bakkavor shareholders would retain the right to receive the final dividend declared on 4 March of £4.8 pence per Bakkavor share Based on the Closing Price, the Revised Proposal implies a total equity value of £1.1 billion (inclusive of the dividend) for the fully diluted issued ordinary share capital of Bakkavor. The Revised Proposal would provide Bakkavor with a combination of cash certainty on completion and potential significant upside for Bakkavor shareholders from participating in the ongoing future benefits of the enlarged group. Post completion of the acquisition, Greencore shareholders would own approximately 59.8% and Bakkavor shareholders would own approximately 40.2% of the enlarged group. Greencore believes the Revised Proposal provides a highly compelling value creation opportunity for both Bakkavor and Greencore shareholders. Shareholders of both Bakkavor and Greencore would benefit from the significantly enlarged market capitalization and ongoing liquidity as a result of the transaction. As of February 27, 2025, Bakkavor Group plc rejected the first original proposal. As of March 10, 2025 The transaction got cancelled because the Board of Bakkavor concluded that it significantly undervalued the Company and its future prospects. Accordingly, the Board unanimously rejected the latest revised proposal. As of April 2, 2025 Under the terms of the Revised Proposal: the terms of the Revised Proposal are: £0.85 in cash; and 0.604 Greencore shares for each Bakkavor share. Bakkavor shareholders would also remain entitled to receive the Bakkavor FY24 final dividend of £4.8 pence declared on March 4, 2025 and payable on May 28, 2025 (subject to shareholder approval at Bakkavor’s AGM on May 22, 2025). It is also proposed that upon completion, Agust Gudmundsson and Lydur Gudmundsson, currently nonexecutive directors of Bakkavor, would join the board of the combined group as non-executive directors. The conditions of any transaction will be customary for a combination of this nature, and will include approval by Bakkavor shareholders of the scheme of arrangement, approval by Greencore shareholders of the transaction as a reverse takeover under the UK Listing Rules and the issuance of new Greencore shares as consideration under the transaction, approval by the UK Financial Conduct Authority of the Prospectus to be published by Greencore in connection with the listing of new Greencore shares, approval by the UK Competition and Markets Authority and any other required regulatory approvals. As of April 11, 2025, The deadline by which Greencore was required either to announce a firm intention to make an offer for Bakkavor was until 5.00 p.m. (London time) on April 11, 2025. Bakkavor is continuing discussions with Greencore regarding the Possible Offer. Therefore the Board of Bakkavor has requested, and the Panel on Takeovers and Mergers (the "Panel") has consented to, an extension to the Deadline until 5.00 p.m. (London time) on May 9, 2025 to allow time to continue discussions regarding the other terms and conditions of the Possible Offer, including the completion of mutual confirmatory due diligence to the satisfaction of Greencore and Bakkavor. As of May 9, 2025, The Board of Bakkavor has requested, and the Panel on Takeovers and Mergers has consented to, an extension of the PUSU Deadline to May 23, 2025. The Deadline may be extended further with the consent of the Panel. On May 15, 2025, Greencore Group plc have agreed the terms of a recommended acquisition to acquire Bakkavor Group plc. Upon completion, it is expected that Greencore Shareholders will own approximately 56%. and Bakkavor Shareholders will own approximately 44%. of the Combined Group. The cash component of the Base Consideration payable under the terms of the Transaction will be funded from third party debt incurred by Greencore's UK subsidiary, Greencore UK Holdings Limited (which provides treasury services to other members of the Greencore Group and typically acts as a principal obligor in the context of the Greencore Group's financing arrangements) and on-lent to Greencore. Such third party debt is to be provided under a new term loan facilities agreement entered into on 15 May 2025 among Greencore UK Holdings Limited (a subsidiary of Greencore) and certain of its subsidiaries, Coöperatieve Rabobank U.A. (as facility agent) and BNP Paribas and Coöperatieve Rabobank U.A. (as underwriters), pursuant to which senior term loan facilities of a total of £825 million have been made available to Greencore UK Holdings Limited. Such facilities shall be in addition to Greencore's existing £350 million revolving credit facility. Greencore has received irrevocable undertakings to vote in favour of the Scheme at the Court Meeting and the Bakkavor Resolutions at the Bakkavor General Meeting from each of Carrion Enterprises Ltd, Umbriel Ventures Ltd and LongRange Capital Fund I, L.P., in respect of a total of 400 million Bakkavor Shares representing approximately 69.2% of the ordinary share capital of Bakkavor. Greencore has received irrevocable undertakings from all of the Bakkavor Directors to vote in favor of the Scheme at the Court Meeting and the Bakkavor Resolutions at the Bakkavor General Meeting in respect of the Bakkavor Shares they hold, or where applicable, in respect of the Bakkavor Shares they are able to procure voting of, which comprised, in aggregate, 1.5 million Bakkavor Shares or approximately 0.3% of the ordinary share capital of Bakkavor. In total, Greencore has therefore received irrevocable undertakings in respect of a total of approximately 69.4% of the ordinary share capital of Bakkavor. The transaction is expected to close in the early 2026. As of June 12, 2025, The Court Meeting and the General Meeting, which will be held at July 7, 2025. The Court Meeting will commence at 3.00 p.m. and the General Meeting at 3.15 p.m. As of June 13, 2025, Polaris announced that it had sold 159,231 of the Greencore Shares and transferred out 2,237,154 of the Greencore Shares subject to the Irrevocable. As of June 16, 2025, Polaris additionally sold 126,100 of the Greencore Shares subject to the Irrevocable. As of July 4, 2025, Greencore Group PLC shareholders approved the transaction. Akeel Sachak and Jonathan Dale of N.M. Rothschild & Sons Limited acted as lead financial advisor to Greencore in the transaction. Michael Lavelle, James Ibbotson, Christopher Wren and Irina Dzuteska of Citigroup Global Markets Limited acted as lead financial advisor to Bakkavor. Dan Webster, James Thomlinson and Michael Nicholson of Peel Hunt LLP acted as financial advisors to Bakkavor. Richard Smith and Claire Jackson of Slaughter and May acted as legal advisor to Greencore Group plc. Edward McBride and Kevin Cruickshank of Deutsche Bank AG, London Branch acted as financial advisor to Greencore Group plc. Arthur Cox LLP acted as legal advisor to Greencore Group plc. Freshfields LLP acted as legal advisor to Bakkavor. A&L Goodbody LLP acted as legal advisor to Bakkavor. Equiniti Limited acted as registrar to Bakkavor. Edward McBride and Kevin Cruickshank of Numis Securities Limited acted as financial advisor to Greencore. Greencore Group plc completed the acquisition of Bakkavor Group plc (LSE:BAKK) from LongRange Capital Fund I, L.P., a fund managed by LongRange Capital, L.P., Carrion Enterprises Ltd, Umbriel Ventures Ltd and other shareholders on January 16, 2026. The listing of Bakkavor Shares on the Official List and dealings in Bakkavor Shares on the London Stock Exchange's Main Market will be suspended. As the Scheme has now become Effective, the non-executive directors of Bakkavor have each tendered their resignation and stepped down from the board of directors of Bakkavor.

Schneeflocken-Punktzahl
Bewertung	4/6
Künftiges Wachstum	4/6
Vergangene Leistung	1/6
Finanzielle Gesundheit	2/6
Dividenden	0/6

Historische Aktienkurse
Aktueller Aktienkurs	UK£3.51
52-Wochen-Hoch	UK£4.08
52-Wochen-Tief	UK£2.53
Beta	0.84
1 Monat Veränderung	29.10%
3 Monate Veränderung	n/a
1 Jahr Veränderung	2.58%
3 Jahre Veränderung	215.77%
5 Jahre Veränderung	n/a
Veränderung seit IPO	0.14%

	GNCG.F	US Food	US Markt
7D	0%	0.5%	2.7%
1Y	2.6%	-2.8%	20.9%

GNCG.F volatility
GNCG.F Average Weekly Movement	n/a
Food Industry Average Movement	5.6%
Market Average Movement	7.2%
10% most volatile stocks in US Market	16.2%
10% least volatile stocks in US Market	3.1%

GNCG.F grundlegende Statistiken
Marktanteil	US$2.82b
Gewinn(TTM)	US$4.05m
Umsatz(TTM)	US$3.16b

GNCG.F Gewinn- und Verlustrechnung (TTM)
Einnahmen	UK£2.34b
Kosten der Einnahmen	UK£1.59b
Bruttogewinn	UK£757.20m
Sonstige Ausgaben	UK£754.20m
Gewinn	UK£3.00m

Gewinn per Aktie (EPS)	0.0038
Bruttomarge	32.32%
Nettogewinnspanne	0.13%
Schulden/Eigenkapital-Verhältnis	71.6%

Daten	Zuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse	2026/08/09 06:10
Aktienkurs zum Tagesende	2026/07/31 00:00
Gewinne	2026/03/27
Jährliche Einnahmen	2025/09/26

Paket	Daten	Zeitrahmen	Beispiel US-Quelle ^*
Finanzdaten des Unternehmens	10 Jahre	Gewinn- und Verlustrechnung Kapitalflussrechnung Bilanz	SEC-Formular 10-K SEC-Formular 10-Q
Konsensschätzungen der Analysten	+3 Jahre	Finanzielle Vorausschau Kursziele der Analysten	Analysten Research Berichte Blue Matrix
Marktpreise	30 Jahre	Aktienkurse Dividenden, Splits und Aktionen	ICE-Marktdaten SEC-Formular S-1
Eigentümerschaft	10 Jahre	Top-Aktionäre Insiderhandel	SEC-Formular 4 SEC-Formular 13D
Verwaltung	10 Jahre	Das Führungsteam Direktorium	SEC-Formular 10-K SEC-Formular DEF 14A
Wichtige Entwicklungen	10 Jahre	Ankündigungen des Unternehmens	SEC-Formular 8-K

Analyst	Einrichtung
Karl Burns	Berenberg
Fintan Ryan	Berenberg
Gary Martin	Davy

Greencore Group (GNCG.F) Aktienübersicht

Belohnungen

Risikoanalyse

Join community and earn perks

Greencore Group plc Wettbewerber

Marzetti

Tootsie Roll Industries

Post Holdings

Utz Brands

Preisentwicklung & Leistung

Aktuelle Nachrichten und Updates

Greencore Group plc to Report Fiscal Year 2026 Results on Dec 01, 2026

Greencore Group plc to Report First Half, 2026 Results on May 27, 2026

Greencore Group plc completed the acquisition of Bakkavor Group plc (LSE:BAKK) from LongRange Capital Fund I, L.P., a fund managed by LongRange Capital, L.P., Carrion Enterprises Ltd, Umbriel Ventures Ltd and other shareholders.

Greencore Group plc, Annual General Meeting, Jan 29, 2026

Greencore Group plc Proposes Final Dividend for the Financial Year Ended 26 September 2025, Payable on 5 February 2026

Greencore Group plc Updates Earnings Guidance for the Full Year Ending 26 September 2025

Recent updates

Greencore Group plc to Report Fiscal Year 2026 Results on Dec 01, 2026

Greencore Group plc to Report First Half, 2026 Results on May 27, 2026

Greencore Group plc completed the acquisition of Bakkavor Group plc (LSE:BAKK) from LongRange Capital Fund I, L.P., a fund managed by LongRange Capital, L.P., Carrion Enterprises Ltd, Umbriel Ventures Ltd and other shareholders.

Greencore Group plc, Annual General Meeting, Jan 29, 2026

Greencore Group plc Proposes Final Dividend for the Financial Year Ended 26 September 2025, Payable on 5 February 2026

Greencore Group plc Updates Earnings Guidance for the Full Year Ending 26 September 2025

Greencore Group plc cancelled the acquisition of Bakkavor Group plc (LSE:BAKK).

Greencore Group plc to Report Fiscal Year 2024 Results on Feb 12, 2025

Greencore Group plc to Report Fiscal Year 2025 Results on Nov 02, 2025

Greencore Group plc, Annual General Meeting, Jan 30, 2025

Greencore Group plc to Report First Half, 2025 Results on May 27, 2025

Greencore Group plc Reintroduces Final Dividend for the Financial Year Ended 27 September 2024, Payable on 6 February 2025

Oasis Management Puts Pressure on Greencore Group to Speed Up its Turnaround Plan

Greencore Group plc to Report Fiscal Year 2024 Results on Nov 30, 2024

Greencore Group plc to Report First Half, 2024 Results on May 21, 2024

Greencore Group plc Appoints Catherine Gubbins as Executive Director

Greencore Group plc (LSE:GNC) announces an Equity Buyback for 10% of its issued share capital, under the authorization approved on January 26, 2023.

Greencore Group plc Announces Board Changes

Greencore Group plc, Annual General Meeting, Apr 26, 2024

Greencore Group plc Announces Board Changes

Greencore Group plc to Report Fiscal Year 2023 Results on Nov 28, 2023

Greencore Group plc, Annual General Meeting, Jan 26, 2023

Aktionärsrenditen

Preisvolatilität

Über das Unternehmen

Greencore Group plc's Grundlagenzusammenfassung

Erträge & Einnahmen

Dividenden

Unternehmensanalyse und Finanzdaten Status

Datenquellen

Analysemodell und Schneeflocke

Metriken für Industrie und Sektor

Analysten-Quellen