Oghma Partners has acted as the exclusive financial adviser to the shareholders of Direct-to-Consumer, UK-based, SimplyCook Limited (SimplyCook) on the sale of the business to Nestlé.
The deal is the latest in Oghma’s healthy portfolio of successful cross-border, European transactions which have included advising Solina Group on the acquisition of UK-based Bowman Ingredients, and Givaudan SA on the divestment of both its pectin business to Herbstreith & Fox, and its processed and grated cheese business.
Mark Lynch, Partner at Oghma Partners, says: “We were thrilled to have the opportunity to work with the dynamic, high growth SimplyCook business and the team. The deal demonstrates our growing reputation for working with a range of owner operated and multinational businesses on cross border transactions.”
Oli Ashness, CEO of SimplyCook, says: “Oghma have been a delight to work with. They really invested the time initially to understand what the management team wanted to do from a strategic perspective and provided balanced advice to the SC board and major shareholders throughout the process. For a business founder going through this for the first time, their guidance has been invaluable.”
Read more at Private Equity Wire
