Brings Expertise to Consumer Practice
LONDON, May 21, 2024
/PRNewswire/ -- The Cranemere Group ("Cranemere"), a diversified
holding company with permanent capital that allows it to partner
with companies for the long term, today announced that Mark Ramadan has been named Advisory Partner of
Cranemere, effective immediately. Along with Bernardo Hees, who was named Operating Partner
in March, Mr. Ramadan's appointment bolsters the firm's Consumer
Group, bringing his experience founding and leading recognized
consumer brands to help Cranemere partner with likeminded
businesses to drive long-term growth. The practice area is led by
veteran Cranemere Managing Director Diana
Propper de Callejon.
Mr. Ramadan has deep expertise as a founder and CEO of consumer
companies. In 2010 he co-founded Sir Kensington's, a global premium
condiment brand, which was acquired by Unilever in 2017. After Sir
Kensington's, he served as Chief Executive Officer of Hu, a leading
better-for-you chocolate brand, through its acquisition by Mondelez
in 2021. He is also a member of the Board of Directors of three
mission-driven food companies.
Kamil Salame, CEO of Cranemere,
said, "Mark's success in scaling disruptive consumer brands and
creating enduring value makes him the ideal partner to help build
our Consumer Group, alongside Bernardo and Diana. I am thrilled to
welcome him to our team."
Ms. Propper de Callejon said, "We are excited to add Mark to our
Consumer practice. Bringing our signature long-term ownership focus
to the sector will enable Cranemere to partner with founders to
build brands while sustaining their purpose and values that are
integral to their success. Mark's experience as a founder himself
will be invaluable to us in this effort."
Mr. Ramadan said, "I am excited to work closely with Diana,
Bernardo, Kamil and the rest of the Cranemere team and contribute
to a high-performing Consumer Group. I have long appreciated
Cranemere's unique focus on permanent capital and see tremendous
opportunity in applying this approach, particularly to founder-led
brands, to fuel growth and unlock shareholder value for
generations."
About Mark Ramadan
Mark Ramadan has founded and led
multiple global consumer packaged goods companies with a
purpose-led innovative marketing strategy. From 2019 to 2023, he
was the CEO of Hu, a fast-growing premium chocolate brand using
pure and unprocessed ingredients from organic and fair-trade
sources, including during the company's 2021 acquisition by
Mondelez. In 2010, Mr. Ramadan co-founded the premium condiments
brand, Sir Kensington's, known for organic and non-GMO ketchup,
mustard, and mayonnaise, which was acquired by Unilever in 2017.
During his time as CEO, Mr. Ramadan led a unique content-driven
marketing strategy, developing a magazine, curating the Fries of
New York exhibition, and producing
a documentary featured in the Tribeca Film Festival. He is
currently a Director of three food companies: New Culture, True
Food Kitchen, and TRUFF. He also serves as a Senior Advisor to
McKinsey & Company on consumer products and brand building.
Mr. Ramadan holds a BA in Economics and International Relations
from Brown University.
About The Cranemere Group
The Cranemere Group partners with founders and owners of private
businesses to help them continue building enduring companies.
Backed by permanent capital, Cranemere has a unique structure that
offers a distinct alternative to companies considering a
transaction with private equity or a strategic buyer, or accessing
the public markets. As a highly aligned holding company, Cranemere
provides owners with permanent capital, business-building
expertise, and global relationships to continue to invest,
innovate, and grow for generations to come. Cranemere is
headquartered in London and has
offices in New York and
Washington, D.C. Cranemere owns
significant stakes in seven companies across North America and Europe.
For more information, please visit:
https://www.cranemere.com/
Media Contact
Tom
Davies
Kekst CNC
tom.davies@kekstcnc.com
212-521-4873
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SOURCE The Cranemere Group