Triple Point Supports Red Sky Food Group’s Strategic Acquisition of Delenco Foods 

Triple Point’s Private Credit team has supported Red Sky Food Group with the strategic acquisition of Delenco Foods, a leading UK manufacturer of fresh and frozen sausages. A £20 million flexible funding package has been arranged to facilitate Red Sky’s second major investment alongside an incremental facility for further acquisitions.  

Red Sky was established in April 2025 by Literacy Capital and Mark Chantler, former CEO and Chairman of Meadow Foods, to acquire and scale high-quality, protein-led meat manufacturing businesses. Its first investment was into Langford’s, a trusted manufacturer of sausages, burgers and meatballs. 

The combined Red Sky portfolio, comprising Langford’s and Delenco, will comprise approximately £35 million in revenues, 120 people and operate across two manufacturing sites in Welshpool, Wales, and Leyton, East London.  

The acquisition brings together two long-established, family-run businesses, each known for their product quality and service. With highly complementary product ranges and geographic reach, the enlarged Group will offer an expanded service proposition to both existing and new customers. Managing Director Josh Gethin will assume leadership across both businesses. 

Paul Dolyniuk, Director in Triple Point’s SME Debt Finance team, led the transaction for Triple Point and commented: 

“We are delighted to partner again with Literacy Capital and to support Mark and the team in achieving their strategic growth plans for Red Sky. The opportunity ahead is well represented by this transaction, combining complementary businesses which enhance organic growth while preserving each brand’s identity and heritage. Led by a high calibre management team with a proven industry track record, we look forward to supporting the journey in the years ahead.” 

For more than a decade, Triple Point’s Private Credit team has supported the funding requirements of businesses across both the private and public sectors. Today, the team is the delegated manager to loan books exceeding £1.4 billion, delivering capital with purpose, pace and certainty. This latest transaction reinforces Triple Point’s commitment to backing high-potential businesses across the North West and the wider UK, facilitating shareholder transitions, supporting M&A activity and financing growth to drive innovation and job creation. 

The Triple Point team was led by Paul Dolyniuk, Seraphin Kustermann and Dominic Reason. HCR Legal LLP (Victoria Dingle, Harry Bengough, Sarah Rupp and James Kinchin) provided legal advice to Triple Point.