Hill Dickinson advises Paramount Retail on DB Food Group acquisition

Law firm Hill Dickinson has advised Paramount Retail Group on the acquisition of DB Food Group, one of the UK’s premium meat wholesalers. DB Food Group will sit within Paramount’s newly established vehicle for the acquisition, Paramount Food Group.

Dorset-based DB, one of the UK’s leading ethically sourced meat wholesalers, is recognised for its commitment and innovative approach to sustainability practices. The strategic acquisition reflects Paramount’s long-term commitment to the UK food industry and reinforces its dedication to supporting British farmers, providing a platform for investment, customer retention, operational integration and future expansion. As a result, DB Food Group’s £122 million turnover is projected to achieve in excess £200 million in revenue by the end of 2025.

The nature of the transaction saw Hill Dickinson field a cross-disciplinary Corporate and Restructuring team comprising Lemi McAuley (Restructuring), Sandip Khroud (Corporate), Tamanna Keir (Corporate), Elizabeth Wood (Restructuring) and Alice Rusling (Corporate).

Commenting on the deal, Lemi McAuley said: “Our ability to field a cross-disciplinary team to advise quickly on solvent turnaround and AMA processes like the DB Food Group acquisition meant we were able to handle the deal from start to finish and complete within only three weeks of instruction.

“Timescales in acquisitions matter, especially when there are stakeholder interests to protect and other parties competing to acquire. Being able to advise on all aspects on the transaction allowed us to move fast and deliver a great result for our client. We wish both parties every success as they embark together on this next exciting period of growth.”