Finsbury Food Group Plc

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Finsbury Food Group Plc - overview

Established

1925

Location

Cardiff, -, UK

Primary Industry

Food

About

Finsbury Food Group Plc, based in the UK, specializes in high-quality specialty baked goods, offering an extensive range of cakes, bread, and other products tailored for various market segments. Founded in 1925 and headquartered in Cardiff, UK, Finsbury Food Group Plc operates as a specialty bakery manufacturer. In September 2023, the company underwent a Public to Private transition through a Secondary Buyout led by DBAY Advisors, acquiring 130,383,361 shares for GBP 143. 4 million.


CEO John Duffy has been pivotal in the company's operations, steering it through significant growth phases. The firm has successfully completed 2 deals in its history. Finsbury Food Group is a leading manufacturer of specialty baked goods, providing a wide variety of cakes, bread, and baked products under renowned brands such as Memory Lane Cakes, Fletchers, and Kara Foodservice. Catering to both retail and foodservice markets, Finsbury Food Group addresses consumer demand for superior baked goods, serving major retailers, wholesalers, and foodservice operators throughout the UK and internationally in Europe and North America.


Their commitment to sustainability enhances their market presence. In the fiscal year 2024, Finsbury Food Group reported a revenue of GBP 569,748,344. 5 and an EBITDA of GBP 44,101,464. 1.


The company utilizes a structured B2B model, primarily supplying products to retailers and foodservice providers, generating recurring revenue through consistent demand for their flagship offerings, which include branded cakes and baked goods. Following the recent acquisition on September 20, 2023, Finsbury Food Group aims to scale its buy-and-build strategy and extend its international reach. The funding from this transaction, valued at GBP 143. 4 million, will support initiatives to launch new products and penetrate additional markets, enhancing their global footprint.


Current Investors

Alliance Entreprendre, Bpifrance Investissement

Primary Industry

Food

Sub Industries

Bakery Products

Website

www.finsburyfoods.co.uk

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Finsbury Food Group Plc - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedLola’s Cupcakes Limited-
Public to Private, Secondary BuyoutCompletedFinsbury Food Group Plc-
BuyoutCompletedFinsbury Food Group Plc-
Trade SaleCompletedFletchers Group of Bakeries Limited-

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