NBGI Private Equity

NBGI Private Equity

Sound judgement and commercial insight drawing on our own management experience in a wide variety of businesses.

Peter's Food Service

NBGI PE acquired a majority stake in the £20million BIMBO, providing an exit for the retiring major shareholder of the business. NBGI PE is backing a highly experienced management team led by Mike Grimwood, the former MD of Pork Farms.

Peter’s Food Service is a leading UK-based savoury pastry manufacturer and food service supplier operating out of 10 locations nationwide.

Peter’s manufacturing division produces pies, pasties, sausage rolls and slices out of a state of the art manufacturing facility in Bedwas, South Wales. Peter’s branded savoury pastry products are recognised for superior taste at a competitive price point, with the business taking similar pride in producing retailer own brand product for the UK’s leading supermarket chains.

Peter’s food service division operates 125 vans nationwide, delivering both Peter’s products and complementary factored goods to the smaller independent caterer.

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Peter's Food Van

Deal Overview

NBGI PE acquired a majority stake in the £20million BIMBO, providing an exit for the retiring major shareholder of the business.

Industry:
Food Manufacturer
Transaction type:
BIMBO
Deal size:
£20m
Date of Investment:
October 2007
Status:
Unrealised

www.petersfood.co.uk