Tim Owen -

Partner

Tim has worked in the financial services industry for over 30 years. Prior to joining Oghma Partners in 2009, he was Head of Corporate Finance at Glitnir, the Icelandic bank, where his team was focused on the international food and consumer sectors. Tim also spent five years as a Director in Citigroup’s European Investment Bank, where he concentrated on the food ingredients, food manufacturing and beverage sectors, working on a variety of transactions across the spectrum of mergers & acquisitions, equity offerings and bond issues. He also previously worked for HSBC, NatWest Securities and Robert Fleming as an equity research analyst covering the food manufacturing sector.

Tim has worked on a number of high profile M&A transactions including: the acquisition of Bowman Ingredients by Solina (2020), the acquisition of BD Foods by AAK (2019), the acquisition of Essential Cuisine by Solina (2018), the sale of Icelandic Group UK to Hilton Food Group (£84m, 2017), Maabarot’s investment in Algaia and acquisition of Cargill Alginate business (2017), the acquisition of New Ivory Limited by Solina Group (2016), the disposal of DS Smith Plc’s Danish and Swedish packaging subsidiaries to BEWi and Verdane Capital (£24m, 2014), the sale of Softbox Limited to Great Point Partners LLC (US$ 67m, 2014), the sale of Cargill’s Spanish Texturising Business to Mane (2014), the disposal of Cool Logistics to Pelican Inc (£12m, 2014), the disposal of Cargill’s Cultures & Enzymes business to DSM (US$110m, 2012), the disposal of McCambridge’s cake division to NBGI (£23.5m, 2012), the co-advisory role to Greencore on their acquisition of Uniq plc (£120m, 2011), the acquisition of House of Fraser by Baugur (£453m, 2006), the disposal of Typhoo by Premier Foods (£80m, 2005), the acquisition by Tate & Lyle of the Sucralose ingredients business from Johnson & Johnson ($134m, 2004), the acquisition of Unilever’s Mexican edible oils business ($100m, 2004), the acquisition by Electra Europe of Diana Ingredients (€270m, 2004); the sale of Provimi to a CVC/PAI consortium (€800m, 2003), the acquisition of Peroni by SABMiller ($725m, 2003), the sale of Carapelli to B&S Private Equity (€100m, 2002), the sale of Kent Gida to Cadbury Schweppes ($184m, 2002), the sale of Cereol to Bunge (€1.6bn, 2002), the sale of RC International from Cadbury Schweppes to Cott Corporation (£90m, 2001), Tate & Lyle’s divestment of Domino Sugar ($185m, 2001), the acquisition of the van sales business of Northern Foods by Kerry Group (£30m, 2001), the sale of Koipe to SOS Cuetara (€350m, 2001), Cadbury Schweppes’ acquisition of Snapple Beverages Group ($1.45bn, 2000), Greencore’s acquisition of Hazlewood Foods (£258m, 2000), the acquisition of Bestfoods by Unilever ($24.3bn, 2000), Tetley Tea’s management buy-out from Allied Lyons (£196m, 1995) and United Biscuits’ acquisition of Smith’s Australia (£220m, 1994). 

He has also been involved in bond issues amongst others for Coca Cola Hellenic Bottling Company ($900m, 2003), Heineken (€1.2bn, 2003) and SABMiller ($2bn, 2003); Tate & Lyle (£200m, 2002), Carlsberg Breweries (€500m, 2002) and Coca-Cola Hellenic Bottling Company (€625m, 2001). He also worked on the Initial Public Offering of Interbrew (€3.3bn, 2000).

Tim gained his BScEcon and PhD from the University of Wales, following which he spent four years as an officer in the Royal Marines. He also has an MSc in Finance from London Business School. Tim is married with five children and lives near Bath.

tim.owen@oghmapartners.com