12th November 2015
Oghma Partners advises Givesco Bakery A/S on the acquisition of Almondy Group Holdings AB
Oghma Partners LLP (“Oghma Partners”) is pleased to announce its role as exclusive financial adviser to Givesco Bakery A/S (“Givesco”) of Denmark on the acquisition of Almondy Group Holdings AB (“Almondy”) of Sweden from Swedish private equity firm Segullah LLP. The transaction is expected to complete shortly following competition authority clearance. Terms were not disclosed.
Almondy is a market leader in the gluten free almond-based frozen cake segment. It operates from a modern production facility in Gothenburg, Sweden and has sales across the Nordic region, Germany, UK and, through its sales to IKEA, more widely. It had revenue in 2014 of SEK394 million.
Givesco is a family owned company based in Vejle, Denmark. It has a long history within the baked goods industry, having been founded in 1931. Today, the business is international, owning several bakeries around Europe.
The advisory role for Oghma Partners adds to roles advising on other acquisition and disposal mandates in the UK, Sweden, Norway, France, Spain, USA, Italy and Greece highlighting Oghma Partners truly international reach.
For the full press release please click here.
For further information on Oghma Partners’ role in the above transaction or for details on Oghma Partners’ services please contact:
| Mark LynchPartner
Oghma Partners LLP |
Tim OwenPartner
Oghma Partners LLP |
