Gambit Corporate Finance LLP has acted as lead adviser to the shareholders on the sale of Food Brands Group (Holdings) Limited to Swedish domiciled Löfbergs Lila AB. Food Brands’ shareholders included Electra Partners LLP and management.
Founded in 1983, Food Brands owns and distributes a number of coffee and related brands in the UK market. It owns the foremost UK super-premium quality Fairtrade coffee brand, Percol, a range of roast and ground and instant coffee product lines which are widely distributed in the UK through all leading grocery supermarket chains. It also owns the Rocket Fuel brand, an innovative range of caffeine enriched, guarana based hot coffee and chocolate energy drinks.
Löfbergs, a major supplier to Food Brands, is one of the largest coffee roasters in the Nordic region and is one of the world's largest importers of ecological and Fairtrade labelled coffees. Löfbergs’ turnover exceeds €200 million per annum.
Gambit’s team, which has significant experience in the food and beverage sector and with private equity transactions, was led by Geraint Rowe, Andrew Charter and Adrian Jones.