Oghma Partners advises shareholders of specialist ingredients business, Good Food Wines Limited, on sale to Kiril Mischeff Limited
We have received the following news item from Oghma Partners:Oghma Partners is today pleased to announce that it has acted as the exclusive financial advisor to the shareholders of UK-based specialist ingredient business, Good Food Wines Limited ("GFW"), on the sale of its business to Kiril Mischeff Limited ("Kiril Mischeff"), a leading UK food and ingredient importer and supplier to the food and beverage industry.
GFW is a leading supplier of alcohol, vinegars, and condiments to the food and beverage manufacturing industries in the UK. Its customer base comprises numerous “blue-chip” manufacturers and reputable names in the food and beverage industry. The acquisition of GFW will enable Kiril Mischeff to capitalise on significant revenue synergies, thanks to the complementary product portfolio of GFW.
The current management team comprising Mike Yates and Stuart Medcalf will continue to lead the business and all current staff will remain at the firm following the acquisition. The business will continue to trade as Good Food Wines Limited. Commenting on Oghma Partners’ role in the transaction, Mike Yates, shareholder and Managing Director of GFW, said: “We are grateful for Oghma’s expert advice and support throughout this process. It has been a pleasure working with the team from start to finish.” Mark Lynch, Partner at Oghma Partners, said: “It was a real joy to work with the GFW and Kiril Mischeff teams and to have reached a successful conclusion to the discussions.”
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