海角视频

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Change at the top of Young's Seafood and Karro Food Group parent company following Canadian buy-out

Sofina swooped for pork and seafood specialist Eight Fifty Food Group in March - now chief executive Diane Walker departs

Eight Fifty Food Group includes Young's Seafood and Karro Food Group.(Image: Eight Fifty Food Group)

The leadership of one of Britain’s biggest food companies has changed following a huge buy-out earlier this year.

Michael Latifi, founder and executive chair of Canadian giant Sofina Foods is to lead the 海角视频 and European arm, created after adding Eight Fifty Food Group to the portfolio.

It is the parent company of Karro Pork and Young’s Seafood, themselves brought together by equity house CapVest in 2019.

Read more: Food packaging specialist Ultimate Group bought out by US giant ProAmpac

March’s deal created a £4.3 billion transatlantic seafood group, employing more than 13,000 people.

Diane Walker, who headed Karro and then the wider group following the merger, steps down, as does group finance officer Michael Kestemont.

Di Walker, chief executive of Eight Fifty Food Group.(Image: Eight Fifty Food Group)

Mr Latifi, founder and executive chairman, Sofina Foods, said: “Following the acquisition of Eight Fifty Food Group by Sofina Foods earlier this year, I have spent considerable time learning about our 海角视频 and European operations with the objective of developing my priorities for growth.

“I am pleased to announce that I will assume leadership of the Sofina 海角视频 and European business allowing me to pursue vigorously our vision to be the most successful food company in the world. In this respect I am fortunate to have the considerable business and leadership expertise of Steve Ellis and Simon Smith, who respectively lead the Karro Pork and Young’s Seafood businesses. Together, we will continue the integration and implement Sofina’s strategy for the 海角视频 business while providing our customers with the best possible service in these challenging times.