Transaction details
TP Food Group
Ethica Group with Paragon Partners in the acquisition of a majority stake in TP Food Group from Xenon Private Equity
Ethica Group, with the M&A and Debt Advisory teams, assisted Paragon Partners in the acquisition of the majority of TP Food Group, a leading supplier of equipment and production lines for food processing, in particular for industrial and artisanal bread-making, from Xenon Private Equity.
By working alongside the current management team, Paragon intends to accelerate the growth of TP Food Group by exploring new applications and markets, further expanding its global presence and broadening its portfolio of products and services. Paragon also plans to implement a build-up strategy through strategic acquisitions to strengthen the company’s ability to provide integrated solutions.