Acquisition of Délice de France by FLM, the holding company of Laurent Menissez

DATE
November 2023

TRANSACTION TYPE

Strategic acquisition

VALUE
Not disclosed

SECTOR
Food & Beverage

Spayne Lindsay is delighted to announce that it has advised FLM, the Holding of Laurent Menissez and his family, an entrepreneurial French family with over 55 years’ experience in the bakery industry, on the acquisition of Délice de France, a leading specialist distributor of premium bakery products in the UK.

Since 1984, Délice de France have been supplying the finest (mostly frozen) bakery items to customers across the UK, servicing all channels and sectors from Cafes and Coffee Shops to Hotels and Restaurants, Convenience Retail, Wholesalers, and Caterers.

Délice de France offer a range of over 900 high-quality, innovative products, from Speciality breads to Burger Carriers, Layer Cakes, Savoury Items and Cookies. This new partnership enhances Délice de France’s strong established foundations and will optimise and accelerate Délice de France’s growth in the UK market.

This transaction constitutes the 14^th deal completed by Spayne Lindsay in the bakery and dessert universe over the last three years, emphasizing our unique sector expertise.Délice de France is the second transaction executed by Spayne Lindsay on behalf of FLM after the strategic partnership between FLM and Teract in relation to Boulangerie Louise in artisanal bakery.