Sector: Services
Leading player in the distribution of bakery and pastry ingredients to professionals
DGF
France
Business Overview
- Created in 1986, DGF is the leading distributor and wholesaler of high quality bakery and pastry ingredients to food service professionals
- Based in France, the company offers a wide portfolio of over 5,000 mid-range to high-end products, of which approximately half are under its own brands
- DGF operates a network of 25 French distributors and works with more than 90 affiliate distributors across 80 countries globally
Investment Thesis
Since inception, the business has experienced steady growth, demonstrating resilient performance during the most recent economic cycle
Experienced management team and a scalable structure enabling a profitable growth development strategy
Distinct competitive advantage with high quality products and strong brand recognition
- Highly cash generative business with limited working capital
Origination
The transaction was introduced to PDM by ODDO Corporate Finance, advisors to the sponsor; 21 Centrale Partners
PCS2 is the sole lender