Nordhaven advised owners of Fort Deli in the sale to Orkla

9 mar 2021

Nordhaven acted as financial advisor to the owners of Seagood Oy Fort Deli in the sale of its majority to Orkla. Henrik Poulsen, will continue as the CEO and minority shareholder in the company with the aim as part of Orkla to grow and strengthen presence in the Finnish food service and out-of-home markets.

Seagood Oy Fort Deli, established in 1996, is a food product sales company focusing on food recipes and solutions for its customers across the HoReCa sector. Fort Deli’s offering consists of own and imported brand products and the company is well known for Hank’s Sauces, Nonna’s Sauces and Texas Pete Hot Sauce. In addition, the company is an established supplier of frozen products, sauces and condiments. In 2020 the company had sales of 8.7€ million.

Nordhaven provided a very professional hands-on advise. Their work was crucial in closing the deal with a large corporate and guiding us through buyer’s demanding acquisition process. The transaction process was on the one hand a tough experience but on the other hand it was enjoyable to reach a transaction in great spirit with all parties and their advisors.” says Henrik Poulsen, CEO of Seagood Oy Fort Deli.

It was a privilege to assist the owners, with whom we share the passion for outstanding service and excellent food, to find a new home and continuity for their company. Based on our vast past experiences in the consumer and food service sectors, hard work and entrepreneurial approach, we can serve our clients in the best possible way of which this highly successful transaction is a great example of.” says Nicklas Sivula from Nordhaven Finland.

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