Lower mid market investor in fund, seeking a platform with scope for disciplined buy and build. Seeking ingredients & additives within food & drink manufacturing with disciplined operations, clear KPIs and reliable margins. Investor is currently in fund with committed capital for near term execution. Track record includes multiple completed acquisitions with successful integrations and exits via trade sale. Open to deferred consideration where retention and performance metrics are objective and measurable. Integration would be staged, with governance strengthened without disrupting delivery. European buyer based outside the UK,.