Australian pork processor BE Campbell has secured investment from Allegro Funds to support its expansion plans.
The Sydney-based company, now in its third generation of family ownership, employs more than 750 people and supplies supermarkets, butchers, foodservice operators and distributors across the country.
Funds from Allegro will be used to modernise BE Campbell’s processing operations, expand its product range, and build out its commercial platform.
Chairman Ted Campbell said the family saw the investment as a way to strengthen the business while continuing its long-term relationships in the supply chain.
“This business has grown steadily over the past 55 years,” he shared. “We look forward to working with our longstanding growers, suppliers, customers and staff to continue to deliver market-leading products to Australian consumers.”
Allegro Funds has the majority stake; while the Campbell family will retain a significant stake (undisclosed) and remain in the management team.
Allegro Funds MD Jeffrey Largier said the firm was drawn to the company’s established position in the market.
“We are excited to partner with Ted Campbell, the Campbell family and the whole BE Campbell team. BE Campbell is a category leader with a strong track record,” he added.
