R. Delamore Limited has been acquired by a secondary MBO team
A group of shareholders have sold their stake in R Delamore Limited to a secondary management buy-out team.
R. Delamore Limited is a leading UK-based branded and propagator of young garden plants. The business was founded over 40 years ago as a producer of young chrysanthemum plants and in 1985 was awarded a Royal Warrant to supply the Queen. In 1990, Peter Wood led a management buy-in of the business, with backing from the private equity firm, 3i. Since then the business has grown substantially and it now raises over 750 varieties of young plants.
Oaklins Smith & Williamson, based in the UK, acted as lead advisor to the vending shareholders. The team's head of M&A commented: “The transaction shows that strong brands continue to attract significant interest even in the current difficult climate. Delamore is yet another example of our expertise in selling branded, owner managed, consumer companies.”
Talk to the deal team
Brian Livingston
Oaklins Evelyn Partners
Related deals
CARSO Group has acquired a majority stake in AQCF Group
CARSO Group, a leading provider of testing services, has acquired a majority stake in AQCF Group, a key player in the field of food safety.
Learn moreWhite Lab has acquired Testing
White Lab Srl. has acquired Testing Srl.
Learn moreAPF Holdings attracts growth funding through a private bond placement from CVI
APF Holdings, which includes one of the largest Baltic egg producers, SIA Alūksnes putnu ferma, has successfully secured US$7.6 million from a private bond placement. CVI acquired the entire volume of the bond issue. The maturity for the bonds is set at four years.
Learn more