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At a glance
Country
Sweden
Fund
TRITON I
Investment date
July 2003
Realised
January 2006
Company website

A Swedish market-leading producer and distributer of baby food, health foods, gluten-free products and food services

Semper was acquired by Triton Funds I in July 2003

Semper holds market leading positions in the baby food, health foods, gluten-free products and food services in Sweden. The company also has a strong foothold in other Nordic countries and Russia. In addition, it is a market leader for gluten-free products in the UK.

Semper’s products were primarily marketed under two brands: Semper – baby food and gluten-free products and Friggs – health food products. Other proprietary brands included Juvela – the leading brand for gluten-free products in the UK and Ireland and Allomin – infant formula in Denmark. Its food services division also marketed certain brands not owned by Semper, including Frödinge – curd and layer cakes and Ögonblink – cocoa powder. Semper aimed to market only high-quality, premium products using in-house marketing and sales forces in Sweden and distributors in its export markets. Triton acquired Semper from Arla Foods, a farmers’ cooperative.

Realisation:

Triton divested the business as three separate divisions: Friggs Helath Food was sold to Wilk Sonnesson AB, the food service to Carealia and the remainder to Hero.