Ardian's Solina bolts on Essential Cuisine

Following the deal, Essential Cuisine's management team will remain in their roles, while its selling shareholders will also remain involved in the business until July 2018 to facilitate a transition in ownership.

The transaction comes 14 months after Solina acquired Romanian food producer Supremia Grup from its founder and owner.

Solina was originally created in 2012 through the merger of French business Savena and Belgian food producer Sfinc. It was acquired by Ardian from IK Investment Partners in 2015 and made its first bolt-on under Ardian's tenure with the acquisition of British sauce producer New Ivory in 2016.

Company
Founded in 1995 and headquartered in Winsford, Cheshire, Essential Cuisine provides cooking products including stocks, jus and gravies to catering businesses and chefs. With a headcount of 70, the company generated a turnover of £11.3m and an operating profit of £1.7m in the year ending in June 2017, according to publicly available documents.

People
Solina – Laurent Weber (CEO); Adam Jones (UK country manager).
Essential Cuisine – Nigel Crane (founder).

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