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RDCP has announced that it has completed the acquisition of Nottingham-based DJL Petfoods Ingredients Ltd (DJL) for an undisclosed sum.
DJL is a UK supplier of premium pet food ingredients and raw materials. With the new investment, the business is targeting growth and the creation of new product lines. Founder Duncan Lancaster will retain a shareholding and continue as CEO.
The completion of this latest acquisition increases RDCP’s enterprise value to $700m, and further strengthens the firm’s presence in the consumer staples sector.
RDCP is a London-based diversified investment group, which has acquired a majority shareholding in DJL. RDCP’s deal team executed the transaction included; Sameer Rizvi, Iryna Dubylovska and Martin O’Donoghue.
Rizvi said: “DJL represents exactly the type of resilient, market‑leading platform we seek to invest in – a business with strong fundamentals, long‑standing customer relationships, and a clear path for growth. This acquisition strengthens our consumer platform and marks another step towards our goal of building the UK’s largest privately-owned investment group. We are delighted to back Duncan and his team for the next phase of their journey.”
Lancaster added: “Having spent over 8 years growing DJL, this partnership with RDCP marks an exciting new chapter for DJL. Their long-term investment approach gives us the platform to broaden our offering, strengthen our sales capabilities, and pursue new markets while staying true to the high standards and service our customers rely on.”
