Lithells
Status
Realised
Country
Sweden
Strategy
Mid Cap
Sector
Entry
May-94
Exit
Dec-97
Fund
IK 1989
Website
Leading processed meat supplier
Lithells ("the Company") is a leader in the Swedish market for processed meats. At the time of exit, the Company mainly produced and sold processed meat and sausages to retail grocery stores, institutional caterers and fast-food stands. Brand names include Lithells and Sibylla, a top brand in the Swedish market.
In May 1994, the IK 1989 Fund completed acquisition of Lithells from Procordia. IK's stake was then sold to Atria in December 1997.
Our Value Creation Strategy
During our ownership, we worked alongside the management team to:
- Implement a rationalisation programme;
- Apply production efficiency;
- Divest non-core businesses; and
- Strengthen the Sibylla brand name through franchising and convenience stores.