Doyles Veg Prep Ltd. has been acquired by Musgrave Group
Fresh produce supplier Doyles Veg Prep has been acquired by the Musgrave Group.
Doyles Veg Prep is a specialist provider of fresh fruit, vegetables and prepared produce, primarily servicing the hospitality sector across Dublin, Ireland. The company consists of two main divisions: the sourcing and distribution of whole fruit and vegetables, dairy and cheese; and the production and preparation of fresh vegetable and potato products. Doyles Veg Prep was founded in 1976 and today employs 75 people.
Musgrave Group is an Irish food wholesaler founded in Cork in 1876. Musgrave is Ireland’s leading food retail, wholesale and foodservice company. Together with their retail partners, Musgrave supports over 41,000 jobs in more than 1,000 stores, offices and distribution centers. In Ireland, Musgrave operates through 15 leading food brands that include SuperValu, Centra, Frank and Honest, Donnybrook Fair and Musgrave MarketPlace. In FY21, Musgrave Group reported revenues of over US$5 billion and has operations across the island of Ireland and Spain.
Oaklins’ team in Ireland acted as the exclusive sell-side financial advisor to the shareholders of Doyles Veg Prep Ltd on its sale to the Musgrave Group, assisting in all aspects of the transaction, including the initiation, negotiation of deal terms and deal structuring.
Talk to the deal team
Related deals
Nuzoa has acquired Dinazoo
Spanish private equity-backed Nuzoa, a prominent animal health distributor in Spain, has acquired Dinazoo. This acquisition marks one of the first steps in Nuzoa’s international expansion. It will strengthen Nuzoa’s relationships with key clients who also operate in the Portuguese market, along with its suppliers. This agreement will enhance both companies’ presence in the Portuguese market by gaining access to more advanced technology and expanding their portfolio in key areas of the business.
Learn moreNuzoa has acquired Siloal
Spanish private equity-backed Nuzoa, a prominent animal health distributor in Spain, has acquired Siloal. This acquisition marks one of the first steps in Nuzoa’s international expansion. It will strengthen Nuzoa’s relationships with key clients who also operate in the Portuguese market, along with its suppliers. This agreement will enhance both companies’ presence in the Portuguese market by gaining access to more advanced technology and expanding their portfolio in key areas of the business.
Learn morePiper PE and Cool Japan Fund have backed a management buy-out of Inside Travel Group
Inside Travel Group (ITG) has been sold to Piper PE and Cool Japan Fund. This acquisition aligns with ITG’s goal of becoming the leading specialist in tailor-made and group tours across Asia. Piper PE and Cool Japan Fund will continue to support ITG’s founders and management team, driving the business’ growth in Japan and other Asian destinations.
Learn more