Announced
Completed
Financials
Tags
Private Equity
baking products
Acquisition
food products
Friendly
Private
United Kingdom
Food Products
Single Bidder
Domestic
Majority
Completed
Synopsis
Ardenton Capital, a private business investment corporation, completed the acquisition of Food Innovation Baking Group, a manufacturer of specialist products for the home baking and retail market. Financial terms were not disclosed. The new partnership will allow the business to pursue additional complementary acquisitions and unlock further organic growth. “Ardenton shared our vision for the future expansion of the group. Their company ethos and personal approach made them the ideal choice. We are confident that their wealth of experience and ambition match our own. The partnership with Ardenton will enable the company to pursue new opportunities for innovation, acquisition, and growth.” Food Innovations Commercial Director.
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