DecoPac-backed Culpitt completed the acquisition of the non-edibles division of Food Innovations Group from FRP Advisory.

DecoPac-backed Culpitt, a cake decorating supplies wholesaler, completed the acquisition of the non-edibles division of Food Innovations Group, a food manufacturer, from FRP Advisory, a business advisory firm. Financial terms were not disclosed. “The non-edibles division of Food Innovations Group has been trading well despite the challenges facing the rest of the business. We are pleased to have quickly found a buyer of such pedigree in the industry that can take on the business and provide a solvent solution for the employees, suppliers and other stakeholders of the Group. Of course, it provides a great strategic fit for Culpitt to further expand its non-edibles offering. We wish the new combined business all the best in the future,” Anthony Collier, FRP Partner.