Sale of Matthew Walker to Valeo Foods Group

On 10th October, our client 2 Sisters Food Group reached an agreement for the sale of its Matthew Walker Christmas puddings business to Valeo Foods Group, an Irish producer of branded grocery products backed by CapVest. Based at Heanor, Derbyshire, Matthew Walker is the world’s oldest Christmas pudding maker with 120 years’ heritage. The business’s highly experienced team, unique capabilities …

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Sale of Freshtime to Greencore

On 3rd September 2019, Greencore Group plc (“Greencore”) announced the acquisition of our client, Freshtime UK Limited (“Freshtime”), from John Richmond. Freshtime is a well-established supplier of food to go salads, chilled snacks and prepared produce in the UK. Its products are distributed primarily in the grocery and convenience channels and the business operates from a single facility in Boston, …

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Burton’s Biscuit Co. acquires Paterson Arran

On 2nd September, our client Burton’s Biscuit Co. announced the acquisition of Paterson Arran, one of Scotland’s leading independent food companies. Headquartered in Livingston, West Lothian, Paterson Arran produces the award-winning range of Paterson’s shortbread, along with leading foodservice biscuit and chutney brands, Brontë, Café Brontë and Arran Fine Foods. The business employs around 200 people and operates two production …

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Sale of Mr Mallo to the Carly Versele family

On 6th August 2019, it was announced that our client, Perwyn, has entered into a binding agreement in relation to the sale of Mr. Mallo to the entrepreneurial family Carly Versele, together with the management team and Chris de Wolf. Headquartered in Wetteren (Belgium), Mr. Mallo is the leading private label marshmallow manufacturer in Europe. With over €33m of sales …

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Minority investment in Peter’s Yard by Lotus Bakeries

Our client, Peter’s Yard, makers of Swedish style artisan sourdough crispbread, has received a minority investment from Lotus Bakeries, the Belgian-based producer of sweet and healthy snacks. The capital investment will allow the company to build brand awareness, expand the consumer base and product range and scale the team.

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Sales of Young’s Seafood to Karro Food Group

On 1 July, our clients, principally Bain Capital, Lion Capital and HPS Investments have reached an agreement for the sale of Young’s Seafood Limited to Karro Food Group, the UK-based pork supply company backed by CapVest. Established in 1805, Young’s is the leading fish & seafood player in the UK with sales of over £545m in 2018 and the number …

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