UK regulator investigates Irish food manufacturer Greencore's acquisition of rival Bakkavor

Deal with Bakkavor will create a convenience foods giant in Britain with a combined revenue of £4bn and 30,500 employees.

Greencore chief executive Dalton Philips said in May that Greencore expects adjusted operating profit for 2025 in the range of £114-£117m.

Britain's competition regulator on Monday launched an investigation into Irish convenience food manufacturer Greencore's acquisition of peer Bakkavor, setting a deadline of October 27 for a decision.

The UK Competition and Markets Authority had said in July that it was weighing a probe into whether the €1.4bn deal could affect competition in the country or in other markets. Greencore and Bakkavor did not immediately respond to a Reuters request for comment.