Isla Délice Expands European Presence with German Acquisition
Deal News | Jan 27, 2025 | Perwyn
Isla Délice, a French market leader in branded halal meat products, recently expanded its European footprint by acquiring Gurkan, a premium halal company based in Germany. This acquisition is notable as Perwyn's first portfolio add-on of the year and follows a series of 13 completed across their portfolio in the previous year. Gurkan specializes in the production of Pastirma, a premium beef product, and its acquisition opens up the German market for Isla Délice, which is considered one of the main halal markets in Europe with promising growth prospects. Isla Délice now operates across seven European markets, enhancing its position as the leading halal specialist in the region, with group sales exceeding €155 million. John Gallagher from Perwyn highlights the significance of this acquisition for Isla Délice’s international expansion strategy, while Eric Fauchon, CEO of Isla Délice, looks forward to leveraging Gurkan's established market presence in Germany.
Sectors
- Food & Beverage
- Private Equity
Geography
- Germany – Gurkan is based in Germany, which is also the target market for the recent acquisition.
- France – Isla Délice is a French company and the current market leader in France for branded halal meat products.
- Europe – Isla Délice expands its presence across European markets, including the UK, Germany, Belgium, the Netherlands, Spain, and Italy.
Industry
- Food & Beverage – The acquisition involves companies in the production and distribution of halal meat products, a key segment of the food and beverage industry.
- Private Equity – Perwyn, a private equity firm, is facilitating this acquisition as an investment strategy to expand its portfolio's market reach.
Financials
- €155 million – Group sales of Isla Délice after the acquisition of Gurkan.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Isla Délice | Target Company | Company | French market leader in branded halal meat products, acquiring Gurkan to expand in the German market. |
| Perwyn | Private Equity Firm | Company | Private equity firm managing Isla Délice as part of its portfolio. |
| Gurkan | Acquisition Target | Company | A premium halal business based in Germany, specializing in the production of Pastirma. |
| John Gallagher | Investment Director at Perwyn | Person | Board member at Isla Délice and commented on the acquisition. |
| Eric Fauchon | CEO of Isla Délice | Person | Commented on the strategic importance of the Gurkan acquisition. |