Investment firm RDCP has acquired DJL Petfoods Ingredients, a supplier of premium pet food ingredients and raw materials based in Nottingham. The financial terms of the deal were not disclosed.
Founded in 2017 by Duncan Lancaster, DJL is positioned for growth under the new ownership, with plans to expand its product offerings and strengthen its sales capabilities. The company operates from a 40,000 sq ft facility and aims to enter new markets by diversifying its ingredients and products.
RDCP’s acquisition marks an increase in its enterprise value to £520m. The investment group intends to leverage DJL’s strong market position and long-standing customer relationships to support its next growth phase. Lancaster will continue as CEO, maintaining a shareholding in the business.
This acquisition is part of RDCP’s broader strategy to expand its consumer-facing investments and establish itself as one of the largest privately-owned investment groups in the UK.
