British capital equity firm buys Danish gourmet groups

Meyer and Løgimose sold to IK Investment Partners

A British capital equity firm, IK Investment Partners, has bought the Danish gourmet companies Meyer and Løgismose for a reported 700 million kroner, DR Nyheder reports.

Claus Meyer, the founder of Meyer, and members of the Grønlykke family, who own Løgismose, will retain a third of the money from the sale of their companies in a newly-formed Danish company that will consolidate them.

Retaining influence
Claus Meyer, the founder of Meyer, and Jakob Grønlykke, an heir to the Løgismose enterprise, will be board members of the new company, while Steen Halbye, the previous head of Meyer, will head the operation.

Løgismose started in the 1960s as an importer of French delicacies. Today it has a range of dairy products and runs a series of successful restaurants, including Kong Hans Kælder.

Meyer is known for its Meyers Deli chain of restaurants as well as bakeries and catering companies.

IK Investment Partners is steered from its London and Jersey offices and is reported to have a portfolio of 10 billion kroner.