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Oghma Partners has acted as the lead financial advisor and advised on the sale of Glendale Foods Group to investment management company Shallan Group.
Glendale Foods, which has a bespoke development centre at their head office in Salford, Manchester, is a specialist frozen food manufacturer for retailers, foodservice providers and ready meal manufacturers.
It is primarily a dedicated private label supplier providing high quality, customer-specific products but also operates through brands including Glendale Foods, The Great British Pudding Company and Yankee snacks.
The financial details of the deal remain undisclosed.
The Glendale Foods founders, Paul Burkitt and Mark Jones, said: “This is a great next chapter for Glendale Foods, we are delighted to have found investors who share the same values as ourselves and very much look forward to seeing the continued growth and success of the business.”
“It was a pleasure working with the Oghma Team who provided sage advice and demonstrated their tenacity whilst working on this Project.”
Mark Lynch, partner at Oghma Partners, added: “We were delighted to help Paul and Mark close a deal with the Shallan Group. They are an ideal partner, given their strategic, long term approach, and desire to support the business with capital and industry experience.”
