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Benchmark International Successfully Facilitated the Transaction Between Old Mill Confectionery Limited and MFC Foods Limited

July 2, 2024

Benchmark International is pleased to announce the acquisition of Old Mill by MFC Foods (t/a Dessert First).

With a 40-year history in Cork, over 400 customers and a dedicated staff of 38, the Old Mill is a cherished institution renowned for its fresh cream and ambient cakes.

Dessert First is a bakery based in Waterford providing a wide range of baked, sweet and savoury goods for sale into local retail and national food-service outlets.

The aim of the acquisition is to expand the Old Mill brand nationwide and create further employment in Cork.

This marks the second acquisition in 12 months by Dessert First.

Sam McNamee, director at Benchmark International, said: “We are thrilled to have facilitated this partnership, which not only preserves the legacy of Old Mill but also paves the way for its growth and success on a national scale. This acquisition is a testament to the strength of both companies and their commitment to quality and community.”

Americas: Sam Smoot at +1 (813) 898 2350 / [email protected]

Europe: Michael Lawrie at +44 (0) 161 359 4400 / [email protected]

Africa: Anthony McCardle at +27 21 300 2055 / [email protected] 

 

ABOUT BENCHMARK INTERNATIONAL:

Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $12.5 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network, as well as the #1 Sell-side Privately Owned M&A Advisor in the World by PitchBook’s and Refinitiv’s Global League Tables.

The content provided by Benchmark International, including articles, blog posts, videos, and other media, is for general informational purposes only and does not constitute legal, financial, investment, or business advice. While we strive for accuracy, the information may be based on third-party sources, market trends, and evolving industry data that are not independently verified or guaranteed to be current or complete. Any opinions expressed are those of the authors and do not necessarily reflect the views of Benchmark International. Market trends, forecasts, and forward-looking statements are inherently uncertain and subject to change. Nothing in our content should be relied upon as a substitute for personalized advice from qualified professionals. Benchmark International disclaims all liability for any loss or damage resulting from reliance on this content. Always consult with appropriate experts before making business decisions.

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