UK - Duke Street invests £100m in Food to Go

Food Partners services the contract catering, airlines, coffee shops and events industries and is a leading player in the ‘Food to Go’ sector. It manufactures a wide range of sandwiches, as well as wraps, paninis and toasties. The Company also distributes other ultra fresh products such as sushi, salads and prepared fruit. The company was created in 2001 through the acquisition and merger of four established independent sandwich companies after a management buy in by the current Food Partners management team.

The business has manufacturing plants located in Heathrow, Park Royal and Kilmarnock and operates from distribution hubs in Warrington and Melksham, with plans to open a further distribution depot in Leicester in the near future. Food Partners is the premier food service focused sandwich manufacturer in the UK capable of national daily delivery and operates with a fleet making over 4,000 deliveries per day. On the back of this, the management team has driven notable growth in turnover and profitability in recent years. Duke Street recently acquired two other businesses in the Food to Go space, in Buckingham Foods and Thomas Food Group. With this acquisition the private equity house's total commitment to ‘Food to Go’ manufacturing reaches £100m. The three businesses will be managed separately, with distinct offerings to the market and customer groups, but will benefit from common capital backing. As consumers move towards more fresh, convenient and premium quality products, the ‘Food to Go’ domain is growing to meet these demands. These businesses are well placed to compete successfully in their respective category areas.

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• Topics
• Buyouts
• UK / Ireland