Smallgoods company, Tibaldi, and its parent company Singapore based investment group, Chestnut, have acquired South Food Group, a family-owned Australian smallgoods operation. The transaction completed on 30 September 2026, after the ACCC granted approval for the takeover in June.
SFG supplies prosciutto, pancetta, chorizo, bresaola, salami, sausages, and related products to both retail and food service customers under the Casalingo Smallgoods, Chicaron, Fiora Smallgoods, crackle & co, and Greenvale Farm Free Range brands.
SFG also manufactures products on behalf of other smallgoods suppliers via toll manufacturing rrangements, including Tibaldi, D’Orsogna Smallgoods, and Spiess Food Solutions.
The businesses’ existing commercial relationship, including contract manufacturing and raw material supply arrangements, brings together SGFG’s premium manufacturing capabilities and established brands with Tibaldi’s broader scale and platform.
Chestnut said SFG was an attractive addition to its Australian consumer platform, with potential for further growth in Australia and internationally. The transaction involved the full sale of South Food Group to Tibaldi.
Boutique Investment Bank EP Advisors advised South Food Group on their exit.
