DATE
June 2021
DATE
June 2021
TRANSACTION TYPE
Corporate Acquisition
VALUE
Undisclosed
SECTOR
Food & Beverage
Spayne Lindsay is delighted to announce that it has advised Groupe Pomona on the acquisition of DGF.
Owned by 21 Invest and Amundi since 2014, DGF has been acquired by Groupe Pomona, through its subsidiary Délice & Création (“D&C”) on June 30th, 2021.
With 550 employees and €200m revenues, DGF is the # 3 wholesaler of ingredients, semi-finished and finished products to professionals in Bakery – Pastry – Catering in France and the #1 for exports.
Together with Délice & Création, the new group will have revenues of €330m and will be strongly positioned to serve the BVP sector in France and abroad.
Eric Dumont, Chairman of the Management Board of Groupe Pomona, will become Chairman of DGF and Grégoire Guillemin, CEO of D&C, will become CEO of the combined DGF – D&C group.
As of September 2020, Groupe Pomona reported revenues of €3,5b and had 10,500 employees.