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Private Equity | Agriculture | Food & Beverage

Sunrise Eggs has been acquired by Agrova International

Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.

Founded in the late 1960s by Tony and Sheila Crawley, Sunrise Eggs is an independent family business based in the Leicestershire countryside. The company produces and packs around four million eggs each week, supplying major supermarkets, local retailers and food manufacturers nationwide. Sunrise specializes in shell-egg production sourced from its own farms and trusted partners and is widely recognized for quality, reliability and responsible farming.

Agrova International is a European poultry and agri-foods group headquartered in Riga, Latvia, which invests in poultry and food production companies. In addition to Sunrise Eggs, the group holds a majority stake in APF Holdings (Nasdaq Riga First North: EGG), a vertically integrated agri-food group specializing in poultry farming, egg production and trading, as well as biogas and organic fertilizer production. APF Holdings includes Alūksnes putnu ferma (poultry and egg production), APF Trading (egg wholesale), Oluksne (production services), APF Energy (biogas and organic fertilizer) and Preiļu putni (young bird rearing). Founded in 2017, APF Holdings has become one of the leading poultry sector players in the Baltic region, offering innovative and sustainable products that meet high food quality, safety and animal welfare standards.

Oaklins S&W, one of Oaklins’ member firms in the UK, acted as the corporate finance advisor to the sellers, overseeing the process from identifying the range of potential buyers, including both trade and alternative investors worldwide, to preparing marketing materials, leading negotiations, attending site visits, managing due diligence and coordinating the successful completion of the transaction.

Parties

Talk to the deal team

Paul M. Stagg

Director
Bristol, United Kingdom
Oaklins S&W

Iain Lownes

Partner
Bristol, United Kingdom
Oaklins S&W

Bethany Eaves

Manager
Bristol, United Kingdom
Oaklins S&W

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