BFP is a wholesale supplier of ambient, chilled and frozen food products. The company’s products are distributed from strategically well-located depots via a fleet of multi-temperature vehicles to more than 4,000 customers throughout the UK, including Krispy Kreme and Greggs.
BFP has grown consistently over the years and in 2013 sold 50,000 tonnes of food products, generating a turnover of over £75m.
Marc Casier, Lesaffre’s general manager baking Western Europe, conducted the disposal. He said: “The sale reflects a strategic choice to focus on our core activity of yeast production and sale, and we are very pleased to have found an ambitious buyer for BFP.”
Lesaffre was advised by consumer advisory firm Leopold Capital Partners and Linklaters. Zimt Holding was advised by Addleshaw Goddard, with GE Capital providing financing.
Source: Lesaffre
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