Due Diligence – Baked Goods and Gluten Free Bakery


Markets: UK

The target was a manufacturer of retailer brand morning goods, bread and gluten-free products.

We were appointed by a private equity fund participating in the sale process to provide commercial and operational due diligence.

We reviewed the VDD and interviewed the consultants who produced the document. We analysed scan data, conducted store audits and undertook interviews to develop a deeper understanding of market dynamics and trends, particularly in retailer brand.

We reviewed the site operations and plans for new facilities.

We evaluated the plan and identified upsides and risks.

Ultimately our client did not pursue the acquisition of the target.