Transaction: Acquisition
Client: Paulig Group
Target: Panesar Foods

Deal Overview:
Oghma Partners, the corporate finance advisor to the Food & Beverage industry, is pleased to announce that it acted as financial advisor to Paulig Ltd (“Paulig”), on the acquisition of Panesar Food (Holdings) Limited (“Panesar Foods”), for an undisclosed amount. This deal marks Oghma Partners’ ninth transaction of the year and further demonstrates Oghma’s leading position as the most active M&A advisor in the European food ingredients sub-sector.

Transaction: Acquisition
Client: Ingå Group
Target: MSK Ingredients

Deal Overview:
Oghma Partners, the corporate finance advisor to the Food & Beverage industry, is pleased to announce that it acted as financial advisor to Ingå Group Limited (“Ingå Group”), the food ingredients division of Novax AB, the investment company of the Stockholm-based €15bn Axel Johnson Group, on their acquisition of MSK Ingredients & Equipment Limited (“MSK”). This transaction marks the latest success in Oghma's expanding portfolio of deals in the food ingredients sector and marks our second transaction advising Novax AB.

Transaction: Investment
Client: BGF
Target: Plant-Ex Ingredients

Deal Overview:
Oghma Partners, the corporate finance house to the Food & Beverage industry, is today pleased to announce that it has advised BGF Investment Management Limited (“BGF”) on their minority investment in Plant-Ex Ingredients Limited (“Plant-Ex”). The deal is the latest in Oghma’s expanding list of credentials in the Food & Beverage space.

Transaction: Divestment
Client: Glendale Foods
Target: Shallan Group

Deal Overview:
Oghma Partners is pleased to announce that it acted as Lead Financial Advisor to the shareholders of Glendale Foods Group on the disposal of 100.0% of the business to a private family business group, Shallan group.

Transaction: Acquisition
Client: Bako Group
Buyer: Finlay's Food

Deal Overview:
Oghma Partners is pleased to announce that it has acted as Lead Financial Advisor to Bako Group on the acquisition of Finlay’s Food, a leading name in the Irish bakery.

Transaction: Sale
Client: Symrise UK Limited
Buyer: Th. Geyer Ingredients 

Deal Overview:
Oghma Partners advises Symrise on formation of Joint Venture with Th. Geyer Ingredients via divestment of 51% of THG Trading.

Transaction: Disposal
Client: Ornua
Buyer: Aymes International Ltd

Deal Overview:
Oghma Partners, the corporate finance house to the consumer industries, is pleased to announce that it acted as the Lead Financial Advisor to Ornua, the Irish dairy group, in regards to the disposal of the ONI powder blending and manufacturing business based in Leek.

Transaction: Disposal
Client: Givaudan
Buyer: Groupe Berkem 

Deal Overview:
Oghma Partners is pleased to announce it has acted as exclusive financial advisor to Givaudan on the divestment of its extraction site in Valencia, Spain to Groupe Berkem, effective 31 May 2024.

Transaction: Acquisition
Client: Sonae/Sparkfood
Buyer: BCF Life Sciences 

Deal Overview:
Oghma Partners is pleased to announce that it has acted as Lead Financial Advisor to SONAE/Sparkfood on their pending acquisition of BCF Life Sciences, the France-based value-added ingredients (amino acids) producer.

Transaction: Divestment
Client: Delice de France
Buyer: Menissez SA

Deal Overview:
Oghma Partners is today pleased to announce that it has acted as the exclusive financial advisor to the shareholders of UK-based specialist bakery distribution business, Delice de France ("Delice"), regarding the sale of a stake in its business to Mennisez SA a leading French Bakery Company specialising in the sale of pre-cooked breads.

Transaction: Sale
Client: Good Food Wines Limited
Buyer: Kiril Mischeff Limited

Deal Overview:
Oghma Partners is today pleased to announce that it has acted as the exclusive financial advisor to the shareholders of UK-based specialist ingredient business, Good Food Wines Limited ("GFW"), on the sale of its business to Kiril Mischeff Limited ("Kiril Mischeff"), a leading UK food and ingredient importer and supplier to the food and beverage industry.

Transaction: Sale
Client: Algaia SA 
Buyer: J. Rettenmaier & Söhne GmbH + Co KG

Deal Overview:

Oghma Partners is pleased to announce that it acted as the exclusive financial advisor to the shareholders of Algaia SA (“Algaia”), a French producer of seaweed-based solutions, on the sale of 100% of the issued share capital to J. Rettenmaier & Söhne GmbH + Co KG (“JRS”), a German fibre and hydrocolloid specialist.

Transaction: Sale
Client: Holmes
Buyer: Brasmar

Deal Overview:

Oghma Partners is today pleased to announce that it acted as exclusive financial advisor to the shareholders of UK-based C.T. Holmes Limited (‘Holmes Seafood’) on the sale of their business to Brasmar Group SGPS, S.A (‘Brasmar’), one of the main European players in the seafood industry.

Transaction: Sale
Client: KTC Edibles
Buyer: Endless Final

Deal Overview:
Oghma Partners, the corporate finance advisors to the consumer industries, is pleased to announce that it acted as exclusive financial advisor to the shareholders of UK-based K.T.C. Edibles Limited (“KTC”) on the sale of the business to Endless LLP, a UK-based transformational private equity investor (“Endless”).

Oghma Partners Advises Wrights Food Group on the Sale of the Business to The Compleat Food Group

Oghma Partners LLP (“Oghma Partners”), is pleased to announce that it acted as exclusive financial advisor to the shareholder of UK-based Wrights Food Group on the sale of the business to The Compleat Food Group

Oghma Partners LLP (“Oghma Partners”), corporate finance advisors to the consumer industries, is today pleased to announce that it acted as exclusive financial advisor to the shareholders of UK-based Sykes Seafood Limited (“Sykes”) on the acquisition of Ruskim Seafoods Limited (“Ruskim”).

Transaction: Acquisition
Client: NOVAX
Target: Ulrick & Short

Deal Overview:
Oghma Partners, the corporate finance house to the consumer industries, is today pleased to announce that it acted as the exclusive financial advisors to Novax AB (“Novax”), the investment company of the Stockholm-based, EUR 8bn Axel Johnson Group, on the acquisition of Ulrick & Short Limited (“Ulrick & Short”) the UK-based clean label food ingredients specialist.

Transaction: Sale
Client: Simply Cook
Buyer: Nestlé (UK)
Sector: D2C

Deal Overview:
Oghma Partners is pleased to announce that it acted as the exclusive financial advisors to the shareholders of Direct-to-Consumer, UK-based, Simply Cook Limited (“SimplyCook”) with regards to the sale of the business to Nestlé.

Transaction: Acquisition
Client: Solina Group (France)
Target: Bowman Ingredients
Sector: Ingredients

Deal Overview:
Oghma Partners is pleased to announce its role as exclusive corporate finance advisor to Solina, the leading European producer of savoury ingredients solutions for the food industry, on the acquisition of Bowman Ingredients, a leading supplier of coating systems to foodservice and retail food processors, with products including breadcrumbs, batters and marinades.

Transaction: Disposal
Client: Givaudan
Buyer: Herbstreith & Fox
Sector: Ingredients

Deal overview:
Oghma Partners is pleased to announce its role as corporate finance advisor to Givaudan S.A. on the divestment of its pectin business. This latest transaction marks a second successful non-core asset disposal undertaken by Oghma Partners on behalf of Givaudan S.A. in 2020.

Transaction: Disposal
Client: Givaudan
Buyer: St Paul
Sector: Dairy

Deal Overview: 
Oghma Partners acted as exclusive financial advisors to Givaudan on the divestment of its Netherlands-based cheese operations. The disposal supports Givaudan’s aim of focusing on its core business, the creation of flavours and fragrances.

Transaction: Acquisition
Client: AAK (Sweden)
Target: BD Foods (UK)
Sector: Ingredients

Deal Overview: 
Oghma Partners acted as exclusive advisor to AAK International on the acquisition of BD Foods. The company is focused on food ingredients for the foodservice industry, and has a portfolio of over 3,000 products that are sold to a wide range of customers, including restaurants, hotels, airlines, wholesalers, and food manufacturers.

Transaction: Disposal
Client: Scot Bio
Buyer: Shanly Group
Sector: Ingredients

Deal Overview: Oghma Partners provided corporate finance advice to the Scot Bio management team with regards to a capital restructuring and fund raise for the business. Scot Bio is a Scottish based biotech business with a specific focus on the production of natural food colourants.

Transaction: Acquisition
Client: Solina Group (France)
Target: Essential Cuisine (UK)
Sector: Sauces

Deal Overview: Oghma Partners acted as exclusive financial advisors to Solina on the acquisition of Essential Cuisine, producer of stocks, jus and gravies. For Solina, the acquisition represents the latest step in its growth strategy across the European food market and its second acquisition in the U.K.

Transaction: Disposal
Client: Icelandic Group
Buyer: Hilton Food Group
Sector: Seafood

Deal Overview: Oghma Partners advised Icelandic Group on the sale for cash of its UK-based subsidiary Icelandic Group UK (“Seachill”), to Hilton Food Group plc (“Hilton”), a leading specialist international meat packing business, for an Enterprise Value of GBP 84 million.

Transaction: Acquisition
Client: Ma’abarot (Israel)
Target: Algaia (France) / Cargill Alginate (France)
Sector: Marine Ingredients

Deal Overview: Oghma advised Ma’abarot, one of the largest consumer products companies listed in Israel, on its investment in Algaia, the French natural products and extracts company, and the simultaneous acquisition of Cargill’s alginate business and manufacturing plant in France.

Transaction: Acquisition
Client: Solina Group (France)
Target: New Ivory (UK)
Sector: Sauces

Deal Overview: Oghma advised Solina Group in building and actioning its expansion plans in the UK with the acquisition of the New Ivory sauces business, based in the north of England.

Transaction: Acquisition
Client: Givesco Bakery A/S (Denmark)
Target: Almondy AB (Sweden)
Sector: Frozen desserts

Deal Overview: Danish food business Givesco Bakery retained Oghma Partners as its exclusive financial advisor in the acquisition of Almondy – a leading Swedish branded frozen cake and dessert business- from Segullah Private Equity (Sweden).

Transaction: Disposal
Client: Taste Trends Ltd (UK)
Buyer: Lakeland Dairies Co-operative Society Limited (Ireland)
Sector: Frozen yoghurt

Deal Overview: Oghma advised the shareholders of Taste Trends on its sale to Lakeland Dairies. Taste Trends supplies the foodservice sector with the market leading ‘Coolicious’ brand of frozen yoghurt.

Transaction: Disposal
Client: DS Smith Plc (UK) – Cellplast (Sweden)
Buyer: BEWI (Norway)
Sector: Packaging

Deal Overview: Oghma advised DS Smith on the disposal of its Swedish and Danish EPS and EPP businesses. With a combined 6 sites across the two geographies, the Flamingo (Denmark) and Cellplast (Sweden) businesses focus on the design and production of packaging and technical products made from EPS and EPP. The businesses will become part of BEWi Group, a family-run packaging company backed by private equity firm Verdane Capital.

Transaction: Disposal
Client: DS Smith Plc (UK) – Flamingo (Denmark)
Buyer: BEWI (Norway)
Sector: Packaging

Deal Overview: Oghma advised DS Smith on the disposal of its Swedish and Danish EPS and EPP businesses. With a combined 6 sites across the two geographies, the Flamingo (Denmark) and Cellplast (Sweden) businesses focus on the design and production of packaging and technical products made from EPS and EPP. The businesses will become part of BEWi Group, a family-run packaging company backed by private equity firm Verdane Capital.

Transaction: Disposal
Client: Softbox Systems Ltd (UK)
Buyer: Great Point Partners LLC (USA)
Sector: Packaging

Deal Overview: Oghma advised the shareholders of Softbox, a market-leading UK business specialising in temperature-controlled packaging, on the sale of the business to Great Point Partners, a leading US-based healthcare investment firm with approximately US$800m of equity capital under management.

Transaction: Disposal (BIMBO)
Client: DS Smith Plc (UK) – Print Solutions (UK)
Buyer: Management
Sector: Printing

Deal Overview: Oghma ran a process for DS Smith in 2014 to find a suitable buyer for its Pollokshaws-based print solutions business, DS Smith Print Solutions, resulting in a BIMBO under the name MBM Print and Supply Chain Solutions.

Transaction: Acquisition
Client: Irish Dairy Board Co-operative / Ornua Co-operative (Ireland)
Target: Foodtec DairyCrest (UK)
Sector: Food ingredients

Deal Overview: Oghma advised the IDB (now known as Ornua) on its acquisition of the single-site FoodTec powdered dairy ingredients business from DairyCrest. This acquisition came as a result of a comprehensive acquisition search project run by Oghma for the IDB over previous months.

Transaction: Disposal
Client: Cargill Inc (USA) – Compounds Business (Spain)
Buyer: V. Mane Fils (France)
Sector: Food ingredients

Deal Overview: Oghma advised Cargill on the disposal of its Spanish texturising business, focused on designing, blending and supplying compound systems for a variety of applications in the food industry (including meat, dairy and bakery).The purchaser, Mane, has a strong position in the meat processing industry in France with its MEAT PRO operations and centre of excellence.

Transaction: Disposal
Client: Mary Berry and Daughter Ltd (UK)
Buyer: R H Amar & Co Ltd (UK)
Sector: Sauces

Deal Overview: Oghma advised the shareholders of Mary Berry and Daughter, a family-owned branded sauces, dressings and condiments business, on its sale to R H Amar.

Transaction: Disposal
Client: DS Smith Plc (UK) – Cool Logistics (UK)
Buyer: Pelican Products Inc (USA)
Sector: Packaging

Deal Overview: In 2014 Oghma advised D S Smith on the disposal of its non-core temperature controlled packaging solutions business, Cool Logistics, to the US-based Pelican Products.

Transaction: Disposal
Client: Greencore Group plc (Ireland) – Minsterley factory (UK)
Buyer: Muller Dairy (UK/Germany)
Sector: Dairy

Deal Overview: Oghma advised Greencore on the disposal of its Minsterley factory, a former Uniq site supplying desserts to multiples and foodservice. The acquirer was Muller Group.

Transaction: Disposal
Client: Alleggra Ltd (UK)
Buyer: Management
Sector: Food ingredients

Deal Overview: the shareholders of Alleggra, a food ingredients business focussed on egg-replacement powders, engaged Oghma to assist in the MBO of the business.

Transaction: Disposal
Client: Dragonfly Foods Ltd (UK)
Buyer: Consortium of Private Investors
Sector: Vegetarian food

Deal Overview: Dragonfly Foods is an owner-operated meat free chilled food business based in Devon, which was purchased by a group of private investors following an auction process managed by Oghma Partners.

Transaction: Disposal (MBO)
Client: Direct Produce Supplies Ltd (UK)
Buyer: Management
Sector: Fresh produce

Deal Overview: Oghma advised the shareholders of DPS on a Management Buy Out process, with a successful exit achieved.

Transaction: Disposal
Client: McCambridge Group (UK) – Cake Division (UK/Poland)
Buyer: NBGI Private Equity
Sector: Bakery

Deal Overview: Oghma advised the private equity owners of McCambridge Group on the disposal of its Cake Division – a UK and Poland-based cake manufacturer, supplying private label and branded products to all major UK retail multiples. NBGI acquired the business via a competitive auction process.

Transaction: Disposal
Client: Cargill Inc (USA) – Cultures and Enzymes business (USA/France)
Buyer: DSM N.V. (Netherlands)
Sector: Food ingredients

Deal Overview: Oghma Partners acted as exclusive financial advisor to Cargill in the sale of its Texturising Solutions business unit, focused on the development and sale of cultures and enzymes to food manufacturers. The deal was completed with DSM in December 2012.

Transaction: Acquisition
Client: Greencore Group plc (Ireland)
Target: Uniq plc (UK)
Sector: Food-to-go

Deal Overview: Whilst working as a retained advisor for Greencore Group, Oghma held a co-advisory role in the acquisition of Uniq, taking a role primarily focussing on review of non-core assets. Oghma subsequently managed the sale of the Minsterley business to Muller Group.

Transaction: Acquisition
Client: Windyridge Cheese Ltd (UK)
Buyer: Consortium of Investors
Sector: Cheese

Deal Overview: Oghma worked with a group of investors on the acquisition of Windyridge Cheese, a blender and seller of cheese products. Windyridge was identified by Oghma as a potential target for the team, who were looking for an acquisition in the cheese sector. The transaction concluded successfully in September 2011.

Transaction: Disposal
Client: Springthyme Oils Ltd (UK)
Buyer: Kerry Group plc (Ireland)
Sector: Food ingredients

Deal Overview: After receiving an unsolicited offer, the shareholders of Springthyme Oils engaged Oghma to run a disposal auction process. As a result of the process, the shareholders of Springthyme completed a transaction at a significant value uplift from the initial offer.

Transaction: Strategic Advice
Client: Provexis (UK)
Sector: Food ingredients

Deal Overview: Oghma Partners advised the shareholders of Provexis on their strategic options with regards to the Fruitflow® leading to the achievement of a licensing agreement with DSM.

Transaction: Strategic Advice
Client: Symingtons Ltd
Sector: Snacking

Deal Overview: Oghma Partners assisted Symingtons in acquiring the licensing rights to the Golden Wonder brand, for the UK instant noodle market, from Tayto Group.

Transaction: Fundraising
Client: Revolymer (UK)
Sector: Food ingredients

Deal Overview: Oghma Partners acted as an advisor to Revolymer Group with regards to its recent successful £10mn fund raising round. Revolymer is a specialist polymer based ingredients company based in the UK. Applications for the company’s products include areas such as; confectionery, hair products, detergents and toothpaste. Oghma Partners worked with IP Group in respect of this fund raising.