Cargill completes sale of its cultures and enzymes business to DSM

December 6, 2012

Oghma Partners is pleased to announce its role as exclusive financial adviser to Cargill BVBA in relation to the following transaction, which was completed on 6 December 2012:

Cargill completes sale of its cultures and enzymes business to DSM

6 December 2012: Cargill has completed the sale of its cultures and enzymes business to Royal DSM. All antitrust clearances have been obtained and the transaction was completed on 6 December 2012.

Note to editors: This transaction was signed and announced on 26 October 2012.  Cargill BVBA announced at that time that it was selling its cultures and enzymes business to Royal DSM, the global life sciences and materials sciences company, in an all cash transaction for a total enterprise value of €85 million.  This sale is in line with Cargill’s strategy to re-focus its texturizing business and concentrate on product lines that are adjacent to the company’s core activities and where it can be a leading or relevant player in the marketplace.

The full press release can be downloaded here.

Oghma Partners advises McCambridge on Cake Division Disposal

December 5, 2012

Oghma Partners is pleased to announce its role as exclusive financial adviser to McCambridge Group Holdings Limited in relation to the following disposal, which was completed today:

Blackburn, UK 5th December 2012. McCambridge Group has sold its Private Label Cake Division to private equity group, NBGI Private Equity. This follows the announcement of talks with an unnamed party in October.

The Cake Division, which operates bakeries in Manchester, Bradford, Blackburn, Salisbury and Szczecin, Poland, produces a range of cakes and pies for leading retailers.

For full press release, please click here.

Finalists for the 2012 Food Manufacturing Excellence Awards Announced

October 15, 2012

2012 Finalists

Categories Finalists
Ambient Manufacturing Company of the Year
  • Burts Chips
  • Greencore Grocery & Frozen Foods
  • Mars Food
  • Moguntia Food Ingredients
Bakery Manufacturing Company of the Year
  • Allied Bakeries
  • Butt Foods
  • Walkers and Son
Beverages Manufacturing Company of the Year
  • Britvic Soft Drinks
  • Solution Sciences
Cakes & Biscuits Manufacturing Company of the Year
  • American Muffin Co
  • Border Biscuits
  • Rich Products
Chilled & Fresh Manufacturing Company of the Year
  • Greencore Northampton
  • Hazeldene
  • Mash Direct
  • Raynor Foods
Environmental Initiative of the Year
  • Coca Cola Enterprises
  • Kelly’s of Cornwall
  • Premier Foods
  • United Biscuits
  • Young’s Seafood
Frozen Manufacturing Company of the Year
  • Green Gourmet
  • Iglo Foods Group
  • Lewis Pie & Pasty Co
Ice Cream Manufacturing Company of Year
  • Fredericks Dairies
  • R&R Ice Cream
Protein Manufacturing Company of the Year
  • Adams Foods
  • Dawn Meats Group
  • Lossie Seafoods
  • Taste Tradition
  • Young’s Seafood
Training Programme of the Year
  • Bakkavor – Hitchen Foods
  • Britvic Soft Drinks
  • Fairfax Meadow
  • Greencore Grocery & Frozen Foods
  • Tillery Valley
Small Company of the Year
  • Butt Foods
  • Mash Direct
  • Moguntia Food Ingredients
  • Raynor Foods
Personality of the Year
  • Judy Buttriss
  • Michael Clarke
  • Hugh Fearnley-Whittingstall
  • James Lambert
  • Levi Roots
  • Perween Warsi

Scotch and Irish Whiskies M&A Report

September 24, 2012

Oghma Partners LLP, the Food and Beverage focused corporate finance boutique, is pleased to announce the publication of its Scotch and Irish Whiskies M&A report. Copies of the report are available on request.

For more information on the report, click here for the full press release.

Oghma Partners announces release of Scotch and Irish Whisk(e)y industry review

September 20, 2012

Oghma Partners, the Mergers and Acquisitions boutique specialising in assisting clients operating in the Food and Beverage markets, has compiled a review of the Scotch and Whisk(e)y industries which is available now, upon request.

The recent acquisition of the Bruichladdich distillery by Remy Cointreau has demonstrated the increasing interest in whisk(e)y distilleries as acquisition opportunities by the larger multinational alcoholic beverage manufacturers such as Diageo and Pernod. Focus on the heritage and provenance of the distillery has also proved attractive for individual investors looking to revive an old brand.

The report looks in detail at industry activity, trends and analyses the future for the industry, including possible acquisition targets available for those larger companies wishing to acquire, as well as investment opportunities for individuals or groups of investors. The Oghma team will also offer individual, personalised advice and conduct bespoke research wherever requested – do contact us to request a copy of the review and set up a meeting.

Highlights of the review can also be found in our latest M&A review which is published every four months.

    Oghma Partners was established in 2008 and provides acquisition, divestment, fund raising and strategy advice to European food and beverage companies and investors. For further information on how Oghma can assist food and beverage manufacturers and distributors, please do contact us via phone or email.

UK: Highest level of M&A activity since 2007

September 18, 2012

According to Oghma Partners research, the first eight months of the year have seen the highest level of deal volume in the sector since 2007. Assuming current trends continue the last four months of 2012 should confirm the year as the most active since 2007 by volume, albeit the value of transactions may still be exceeded by 2011.

The Oghma Partners M&A review, released every four months, investigates this trend in further detail and this most recent review also includes a special focus on the Scotch and Irish Whisk(e)y markets, looking at new entrants and established players, plus assessing latest trends and developments within the industry.

For further details and analysis, please request your copy of the latest Oghma Partners  M&A review via the “Contact Us” section.

    Oghma Partners was established in 2008 and provides acquisition, divestment, fund raising and strategy advice to European food and beverage companies and investors. For further information on how Oghma can assist food and beverage manufacturers and distributors, please do contact us via phone or email.

Oghma Partners M&A Review released

September 15, 2012

Mark Lynch of Oghma Partners is pleased to announce the release of the latest M&A review, including up to date information on the latest deals and trends in the Food and Beverage industry.

The report will be sent directly to you in the next few days. If you do not already receive the report then please do email us via the “Contact us” section of the website.

    Oghma Partners was established in 2008 and provides acquisition, divestment, fund raising and strategy advice to European food and beverage companies and investors. For further information on how Oghma can assist food and beverage manufacturers and distributors, please do contact us via phone or email.

Sale of Dragonfly Foods

August 28, 2012

Oghma Partners LLP is pleased to announce its role as an advisor to the management of Dragonfly Foods from 2010-12 leading to the sale of the business to new investors.

Dragonfly Foods is an owner operated small vegetarian chilled food business supplying multiple retailers and smaller health food shops.

Over a two year period Oghma assisted the owners with positioning the business for sale, approaching potential buyers and preparing relevant documentation and advising on deal structure and terms as well as assisting with the appointment of legal advisors to the transaction, leading to the recent successful sale of the business.

Oghma Partners was established in 2008 and provides acquisition, divestment, fund raising and strategy advice to European food and beverage companies and investors. For further information on how Oghma can assist food and beverage manufacturers and distributors, please do contact us via phone or email.

Food Manufacturing Company of the Year Award

August 10, 2012

There is still time to vote for the Food Manufacturing Company of the Year Award at the Foodman Excellence Awards 2012! Voting closes in mid-
September with the finalists announced during the week of the 17th September – don’t miss out!

Voting can be done via this link and good luck to all the entrants!

Brand building – difficult to beat!

July 30, 2012

One highlight of the last tertial has been the acquisition by Remy Cointreau of the Bruichladdich distillery. This deal is fascinating in many ways; the distillery business was essentially resurrected in 2000 when bought out by a group of investors. It sat neatly in the premium end of the market selling a single malt product.

The heritage of the distillery has no doubt been an advantage, however the new team were innovative in terms of products and marketing and over ten years appeared to have created significant value. For Remy, finding an acquisition in premium whisky is challenging. The Bruichladdich deal gives them their first top tier Scottish Whisky brand and allows them to leverage their global distribution muscle to create value from the deal over the longer term.

To arrange a meeting or to receive a copy of the Oghma Partners in depth report on Scotch & Irish Whisk(e)y please contact us.

    Oghma Partners was established in 2008 and provides acquisition, divestment, fund raising and strategy advice to European food and beverage companies and investors. For further information on how Oghma can assist food and beverage manufacturers and distributors, please do contact us via phone or email.