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Announced

Completed

Dhamecha Group completed the acquisition of TRS Food's cash & carry business from Vibrant Foods.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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food production

Food Products

Majority

Single Bidder

Private

United Kingdom

Acquisition

Completed

Domestic

Friendly

Private Equity

Synopsis

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Dhamecha Group, a company that operates nine cash & carry sites selling grocery, tobacco, confectionery and drinks to independent convenience retailers, completed the acquisition of TRS Food's cash & carry business from Vibrant Foods, a producer and distributor of South Asian ethnic foods in the UK and across continental Europe. Financial terms were not disclosed. "As we expand our footprint we will continue to build on our reputation for excellent service, competitive pricing and great stock availability. We look forward to working closely with all our customers, suppliers and our loyal colleagues," Dhamecha.

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