Long-established supplier of meat and dairy products

Project Altamira partners with local farmers to supply high-quality meat and dairy products.

The company’s produce includes beef, pork, chicken, lamb, duck and turkey cuts. This is complemented by sales of pies, cheese, eggs, burgers, sauces, smoked meats and selection hampers.

The business is a member of the Q Guild, the Association of Independent Meat Suppliers (AIMS), and the National Federation of Meat Traders (NFMT).

Our clients are now offering the company for sale as they believe the time is right for a new owner to take the business to the next level. Offers invited.

Key Highlights

– Works with commercial customers throughout Southern England and UK overseas territories, including hotels, restaurants, pubs, and travel and leisure businesses.

– Benefits from a steady stream of income from sales to private individuals via the e-commerce website and shops.

– Operates with a large, diverse team of proficient individuals, including second-tier management personnel who can operate effectively with minimal input.

– All premises are ideally situated close to major transport links, providing easy access for customers and distribution vehicles.

Financial Highlights

– Consolidated YE23 turnover of £33.2m.

– Turnover is projected to increase to £36.6m by YE25.

– Adjusted EBITDA has risen by 94% between YE21 and YE23, and is forecast to increase by a further 14% by YE25.

– Shareholder funds demonstrating year-on-year uplift, growing by 26% from YE21 to YE23.

– Asset register comprising processing equipment, tools, refrigeration kits and delivery vehicles holds a net book value of £2.9m.