Clearwater International has advised the owners of Dalby Mølle A/S (Dalby Mølle), a producer of oats and related gluten-free cereal products, on its sale of a majority stake to Good Food Group A/S (Good Food Group).
Established in 1930, Dalby Mølle is the leading producer of organic, gluten-free oats in Denmark. The privately owned mill specialises in steamed, rolled and cut cereal products. Its primary product is organic oats and the majority of the products are produced under private label for customers in Denmark and Germany.
The subsidiaries of Good Food Group produce a wide range of quality food products, which are offered both as branded and private label products. Good Food Group operates in Denmark, Norway, Sweden, UK, Germany, Poland, USA, and India, and employs approx. 750 people.
Dalby Mølle has shown promising growth rates and as the demand for free-from and organic alternatives to traditional staples in the consumer market is increasing, vast export opportunities lie ahead. Good Food Group’s experience in trade to international markets will further strengthen the development of the future export strategy.
Clearwater International Associate Partner, Jakob Tolstrup Kristensen, led the transaction.