Duni Group to acquire Poppies for SEK670m.

Synopsis

Duni Group, a provider of sustainable dining and food packaging solutions for the restaurant market, agreed to acquire Poppies, a UK-based tabletop company, for SEK670m. This strategic merger strengthens Duni Group’s market position in sustainable dining solutions in the United Kingdom while offering significant synergies across manufacturing, logistics and distribution.

Principals

target

POPPIES

bidder

Duni Group

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Market Context

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Seller Team (1)

masoud khadem

Director at POPPIES

Manager

target

Deal

£ 48 M

Total Value

Bidder Team (4)

robert dackeskog

President and CEO at DUNI GROUP AB

Manager

bidder

Deals

£ 48 M

Total Value

magnus carlsson

CFO at DUNI GROUP AB

Manager

bidder

Deals

£ 48 M

Total Value

katja margell

IR and Communications Director at DUNI GROUP AB

Manager

bidder

Deals

£ 48 M

Total Value

niccolo giordano

M&A Associate & International controller at DUNI GROUP AB

Manager

bidder

Deals

£ 48 M

Total Value

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