Greencore Completes Bakkavor Takeover as Bakkavor Shares Delist from London Market

Greencore ( (GB:GNC) ) has provided an announcement.

Greencore Group PLC has completed its recommended acquisition of Bakkavor Group PLC, leading to the delisting of Bakkavor’s shares from the FCA’s Official List and the cancellation of their trading on the London Stock Exchange’s main market as of 8:00 a.m. on 19 January 2026. The move formally takes Bakkavor private under Greencore’s ownership and consolidates two major players in the UK and Irish fresh prepared and convenience food sector, potentially strengthening Greencore’s market position, scale and negotiating power across retail and foodservice channels while removing Bakkavor from public equity markets.

The most recent analyst rating on (GB:GNC) stock is a Buy with a £330.00 price target. To see the full list of analyst forecasts on Greencore stock, see the GB:GNC Stock Forecast page.

Spark’s Take on GB:GNC Stock

According to Spark, TipRanks’ AI Analyst, GB:GNC is a Outperform.

Greencore’s overall stock score is driven by its strong earnings call performance, indicating robust profitability and strategic growth initiatives. Financial performance is solid, with stable revenue growth and profitability margins. Technical analysis shows moderate bullish momentum, while valuation suggests the stock is fairly priced. The absence of significant corporate events further supports a stable outlook.

To see Spark’s full report on GB:GNC stock, click here.

More about Greencore

Greencore Group PLC is a UK-listed food manufacturer best known for producing convenience foods, including chilled prepared meals and other ready-to-eat products, primarily for major retailers and foodservice customers in the UK and Ireland. Bakkavor Group PLC operates in a similar space, focusing on fresh prepared foods for grocery and foodservice channels, making the combination strategically significant within the chilled and convenience food segment.

Average Trading Volume: 1,943,864

Technical Sentiment Signal: Buy

Current Market Cap: £1.19B

See more data about GNC stock on TipRanks’ Stock Analysis page.