Erhvervsinvest acquires Delika Food Group A/S, a leading Danish producer of high-quality meat products within e.g., cold cuts, sausages, and smoked products as well as a supplier of other food products.
Delika Food Group A/S (DFG) was founded in 2007 in connection with the acquisition of Delika A/S, for which 6 add-on acquisitions subsequently have been completed including AJ Skjern, Carl Vollstedt, Sørwi, Eberhart, Dexters Delikatesser, and Pølsefabrikken Rico. DFG has developed into a leading Danish manufacturer of high-quality products within e.g., cold cuts, sausages, and smoked products as well as a supplier of other food products to a wide range of customers within retail and foodservice in Denmark and the German cross-border shopping.
As of 1 November 2021, DFG moved into new headquarter facilities in Horsens, where 15 of the total 141 employees are located. The remaining employees are divided between DFG’s three production facilities in Aalborg, Haderslev and Engesvang as well as the recently expanded distribution warehouse in Skjern.
”We are extremely satisfied with the development of the DFG Group during our ownership period. In cooperation with our skilled and dedicated employees, 6 add-on acquisitions have been successfully integrated, increasing profitability has been achieved – even during the COVID-19 lockdown – and we now have a solid foundation for further growth. With Erhvervsinvest, we feel that we have found the right partner who can assist us with the continued development of the company,” says Kurt Møller, CEO of DFG.
Within foodservice and retail, DFG is recognised for quality products, the certainty of delivery, and flexibility.
The two former majority shareholders, Kurt Møller and Tom Elert, where the latter has been chairman of the board, both continue as shareholders in DFG. In addition, Kurt Møller will continue as CEO and Tom Elert as a board member.
The investment is the ninth investment in the fund, Erhvervsinvest IV, which has a capital commitment of approx. DKK 1.5 billion.
”DFG is a very well-run company with a good production and distribution setup, and where butcher craftmanship is still largely the core of the production of DFG’s quality products. DFG has a clear potential in offering consumers additional choices in quality food and in line with current trends in relation to local food, convenience, and sustainability. We look forward to the collaboration with the management and the committed employees as well as to continuing the positive development of DFG e.g., through further add-on acquisitions,” says Thomas Marstrand, Managing Partner and Director of Erhvervsinvest.
For further information, please contact:
Thomas Marstrand, Managing Partner and CEO, Erhvervsinvest, phone: +45 21 65 93 26
Kurt Møller, CEO at Delika Food Group A/S, phone: +45 27 22 11 76
About Delika Food Group
Delika Food Group A/S is a leading Danish producer of high-quality meat products within e.g., cold cuts, sausages, and smoked products as well as a supplier of other food products. Delika Food Group currently employs around 140 people and is headquartered in Horsens with producition facilities in Aalborg, Haderslev, and Engesvang. In addition, Delika Food Group has a distritubion warehouse in Skjern. More info at https://delikafoodgroup.dk/
Erhvervsinvest invests in small and medium-sized Danish companies in connection with generational and ownership changes.
The investors in Erhvervsinvest include: Nykredit, Argentum, AP Pension, Danica Pension, Spar Nord Bank, Sparekassen Kronjylland, AKF Invest CPH and CW Obel. More info at www.erhvervsinvest.dk