The private equity firm has not disclosed financial returns from the exit.

Endless created Karnova Food Group through the acquisitions of Yorkshire Premier Meat in 2022 and Smithfield Murray in 2023. The combined business now generates over £135m in revenue, according to a statement from Endless.

OSI Group, headquartered in Illinois, is a privately owned multinational food processing company with 67 manufacturing facilities and more than 20,000 employees operating across 16 countries, supplying 77 global markets.

This sale marks Endless’ second exit from its 2021 Fund V, following the March 2024 sale of Findel Education to Manutan, a Paris-based specialist in educational supplies with €1bn in annual turnover.

Source: Real Deals

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