Transaction: Acquisition of Client: NOVAX Target: Ulrick & Short
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 Target: Nestlé (UK) Sector: D2C
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.
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
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.
(Netherlands) Processed and grated cheese business
Transaction: Disposal Client: Givaudan Buyer: St Paul Sector: Dairy
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.
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.
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.
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.
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).