Tibaldi acquires South Food Group

The owner of Tibaldi (Aust) Pty Ltd, Singapore-based investment group Chestnut, has completed the acquisition of South Food Group on 30 September 2026.

South Food Group is an Australian smallgoods manufacturer supplying the retail and food service sectors across the Asia–Pacific region. Its brands include: Casalingo, Chicharon, Fiora, Greenvale Farm and Crackle & Co, with products spanning prosciutto, salami, chorizo, ham, bacon and protein snacks.

Tibaldi supplies ham products, bacon, salami, deli meats, sausages and fresh pork to supermarket and catering/fast-food customers under various brands including: Tibaldi, Signature Collection and Coburg Smokehouse.

The two smallgoods businesses have an existing commercial relationship, including contract manufacturing and raw material supply arrangements.

Back in June 2026, the ACCC provided its approval for Tibaldi’s proposed acquisition of all issued shares in South Food Group to proceed after it determined that the acquisition is “unlikely to have the effect of substantially lessening competition in any market”.

EP Advisors advised South Food Group on the transaction but declined to comment on transaction value or other confidential details.

“South Food Group has built an exceptional reputation for quality, innovation and customer service within the Australian food manufacturing sector. This transaction brings together two highly complementary businesses and provides a strong platform for future growth. We congratulate the shareholders, management team and Chestnut-backed Tibaldi on the successful completion of the transaction,” said Emil Parthenides, Founder of EP Advisors.

Image credit: iStock.com/id-art