Melior takes a piece of sweet company Rose Confectionery

Rose sought investment from Melior due to the firm’s work with businesses such as Lily O’Brien’s and Carroll Cuisine

Peter Garvey, co-founder of Melior Equity Partners, and Richard Kennedy, Group CEO and MD of Rose Confectionery. Picture: Naoise Culhane

The owners of Rose Confectionery have sold a majority share of the sweet manufacturer to a private equity firm in the hopes of growing sales to over €40m.

The large piece of the company is understood to have been bought by Dublin-based Melior Equity Partners for between €10m and €30m.