The US investment outfit has purchased Scotland‑based Dalziel Ingredients, one of the leading manufacturers and distributors of savoury flavours and seasonings, meat solutions and sundries to the UK food industry.
Headquartered in Bellshill near Glasgow, Dalziel Ingredients offers bespoke solutions to a wide range of customers, including blue‑chip industrial food manufacturers, retail butchers and foodservice firms.
The company operates four accredited manufacturing facilities and a network of distribution sites across the UK.
Dalziel Ingredients also runs a dedicated NPD centre at its Gateshead site.
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Peak Rock said it had acquired the company because of its solid reputation within the food industry for its large portfolio of “high‑quality products”, as well as its customer service and innovation capabilities.
“For generations, our families have been proud to serve our industrial partners, retail butchery customers and local communities,” said Stuart Dalziel, CEO of Dalziel.
“The investment by Peak Rock is another huge step in our development and we look forward to continuing to build on our reputation and innovation capabilities to support our customers and unlock new growth opportunities, both organically and via M&A.”
Texas‑based Peak Rock said it completed the acquisition in partnership with the Dalziel, Darroch and Dickens families, who currently own Dalziel Ingredients, alongside the business’ current management team.
Alex Dabbous, MD of Peak Rock Capital Europe, added: “Dalziel represents an exciting opportunity for us to invest in a leading provider of ingredient solutions and other products to the growing protein and foodservice end markets.
“We are excited to partner with the Dalziel, Darroch and Dickens families, as well as the company’s talented management team, to support Dalziel’s growth through geographic and customer expansion, product innovation and add‑on acquisitions.”
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