Delice de France completes management buyout with unsecured loan
The bakery specialist is one of the largest manufacturer and distributor of premium frozen bakery items in the UK.
Bakery products supplier Delice de France has completed its management buyout from its parent company Aryzta AG, a global foodservice supplier.
An unsecured eight-year loan from UK-based credit specialist Caple made the buyout possible.
“This bold move represents an outstanding milestone in the company’s 35-year history, Delice de France Managing Director Thierry Cacaly said in a statement. “This loan through Caple will enable us to make Delice de France a real independent force driving up standards in the food and beverage sector,” he added.
“Our deal demonstrates how unsecured lending can form part of a blended finance package and support ambitious businesses and management teams,” Caple co-founder and managing partner Dominic Buch said in a statement.
Delice de France is one of the largest manufacturer and distributor of premium frozen bakery items in the UK.
