Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
Oghma Partners revealed it was corporate finance advisor to Symrise UK Limited (“Symrise”) on the divestment of 51% of THG Trading Limited, the fruit juice ingredients trading subsidiary of Symrise UK Limited, to Th. Geyer Ingredients.
This transaction adds a further cross-border ingredients transaction to Oghma’s expanding portfolio of successful deals, underlying Oghma’s depth of experience in the food ingredients M&A sector in Europe.
The terms of the transaction were not disclosed.
Frank Hoeving, vice president Western Europe and managing director Symrise Limited UK and Ireland, said: “I have thoroughly enjoyed working with Oghma Partners during the course of this process. The team showed consummate skill in negotiating the Joint Venture and helping to establish a strong, collaborative business poised for future growth.”
Markus Krekeler, managing director of THG Trading Limited, added: “This collaboration marks a significant milestone as we join forces to create a dynamic partnership with a shared vision for success. By entering this joint venture, Th. Geyer Ingredients wants to accelerate the successful business performance all over Europe and the Middle East.”
Tim Owen, partner at Oghma Partners, concluded: “It was a pleasure to work with the Symrise and THG teams and to have reached a successful conclusion to the process. This is our fourth completed transaction in 2024 and marks another successful deal in the food ingredients space in Europe, making Oghma Partners the most active M&A advisor in this sub-sector of the food industry.’’
