Womble Bond Dickinson (WBD) alongside RSM’s M&A and private equity team have successfully advised on the sale of TasteConnection Limited, a manufacturer of award-winning specialist seasonings, glazes and marinades, to Nactarome Group, funded by Pan-European private equity house Ambienta.
Established in 2002 and based in Gloucestershire, TasteConnection was created to connect specialist seasonings, provenanced ingredients and forthcoming food trends with market leading brands and premium own label products. The highly successful management team will remain as a part of the TasteConnection division and wider group to guide the business through its next stages of growth.
Nactarome Group is a European-based flavours and natural ingredients company. This latest acquisition is Nactarome’s second in the UK market, following the acquisition of Create Flavours last year, which was also advised by WBD and RSM. The addition of TasteConnection to its portfolio will allow Nactarome to expand its UK capabilities whilst benefitting from an array of synergies between its two UK operations.
The Bristol-based WBD team was led by partner Tom Fitzpatrick and managing associate Sammy Hill.
