We’re pleased to have supported family-run premium sausage manufacturer, Delenco Foods, on its sale to a private equity-backed food manufacturing group.
Based in Leyton, Delenco Foods is a third-generation family business that was founded in 1963. Its 76-strong team produces high-quality sausages for a wide range of hospitality and leisure operators including restaurants, hotels and cruise liners, using meat sourced from sustainable and ethical farms across the UK and EU.
It has now been acquired by Red Sky Food Group, a company that was established earlier this year with the support of private equity investors, Literacy Capital.
Our Corporate Finance team acted as the sell-side advisers on this deal. We managed all stages of the transaction, developing the financial model, supporting negotiations and coordinating due diligence, allowing the deal to reach a positive conclusion.
The deal will allow Red Sky Food Group to further grow its capabilities within the food manufacturing sector, having acquired welsh meat manufacturer Langford’s earlier this year. Meanwhile Delenco Foods will benefit from increased resources and operational synergies now that it’s part of this wider portfolio.
