Perwyn exits stake in French halal meat brand Isla Délice

Private equity fund Perwyn has announced its exit from Isla Délice, a French halal meat brand.

In a statement issued Tuesday, Perwyn said it has sold its stake to London-headquartered investment fund A&M Capital Europe. 

The transaction is expected to close later this year. The statement, however, did not reveal the deal value. 

Perwyn acquired a majority stake in Isla Délice in 2018 and has since helped expand the business, strengthening its team and investing in its production capabilities.

Isla Délice also made several acquisitions since, acquiring British halal food brand Takul in 2024 and German halal business Gurkan in January this year. In 2019, Isla Délice acquired Hoca Meat Products, a halal meats product manufacturer in Belgium. 

The company grew organically in key European markets such as the Netherlands, Spain and Italy. 

Eric Fauchon, CEO of Isla Délice said that Perwyn’s support has been instrumental to growth, with over €40 million invested in the company’s production sites. 

“Our expansion has been driven both by organic growth in the Benelux, Spain, and Italy, and by strategic acquisitions in Belgium, the UK, and Germany, which have strengthened our European presence. With the support of A&M Capital Europe, we will continue our development in France and across Europe, expanding our product ranges and distribution channels, while preserving our unique expertise in halal offerings.” 

Isla Délice offers a portfolio of products across delicatessen, frozen foods, snacks, ready meals, and various ambient categories.