Allegro Funds Acquires Majority Stake in Australian Pork Processor BE Campbell

Australian pork processor BE Campbell has entered a new phase in its business journey, with private equity firm Allegro Funds acquiring a majority stake in the Sydney-based, family-owned company. The financial details of the deal have not been made public.

BE Campbell pork processor

BE Campbell, which employs over 750 people and operates nationwide, will see the Campbell family retain a “significant stake” and remain actively involved in management and daily operations. The business, known for its Bruemar and BE Family brands, has been family-run for 55 years.

Chairman Ted Campbell commented, “This business has grown steadily over the past 55 years. We are looking forward to the partnership with Allegro as we enter this next phase of growth. The Campbell family are remaining in the business as shareholders and executives.”

Allegro’s investment is aimed at accelerating BE Campbell’s growth strategy. The company plans to use new capital for upgrades to processing capabilities, investments in new product formats, and development of a strengthened commercial platform to better serve its Australian customers.

Jeffrey Largier, managing director at Allegro Funds, said, “We are excited to partner with Ted Campbell, the Campbell family and the whole BE Campbell team. We are impressed with what they have built over the business’s long and rich history – BE Campbell is a category leader with a strong track record of growth.”

BE Campbell’s product range includes whole pigs, primary cuts, and customised value-added retail products, which are distributed through major supermarkets, foodservice providers, butchers, and other distributors. The company also exports to various Asia-Pacific markets.

The company operates two facilities in western Sydney: its head office and main pork deboning and processing plant in Wetherill Park (with a weekly capacity of 15,000 pigs), and its Arndell Park site for further processing and value addition, handling approximately 400 tonnes per week.

Allegro Funds Acquires Majority Stake in Australian Pork Processor BE Campbell

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