Henderson Private Capital has announced the acquisition of Homann Feinkost, a German company in the chilled and convenience food sectors, from Gilde Investment Management.

Homann Feinkost was a management buy-out from Unilever in 1999 and it has sales of E260m a year.

Meinolf Wietbuscher, the managing director of Homann said: “We looked at a number of potential purchasers and believe Herderson Private Capital is able to deliver what is necessary for the business and staff moving forward. I look forward to working with the team as the company moves into the next stage of our expansion.”