Partnership agreement between Unilever and Aviko Rixona for development of manufacturing facility in Stavenhagen, Germany

On 25th September 2020, our client, Unilever, announced it is seeking a strategic partnership for the development of its manufacturing facility in Stavenhagen, Germany with Aviko Rixona, the leading producer of dehydrated potato granules and potato flakes, a subsidiary of Royal Cosun, an international agro-industrial cooperative dedicated to the manufacturing of plant-based solutions for food, feed and non-food applications and …

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William Jackson sells The Food Doctor to Euro Food Brands

On 14th July 2020, our client, William Jackson Food Group, completed the sale of The Food Doctor brand to Euro Food Brands. Terms were not disclosed. The Food Doctor was founded by nutritionists in 1999 to produce nutritionally balanced, healthy and wholesome foods. The product range includes healthy bakery products such as pitta bread and wraps as well as healthy …

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Partnership agreement between Unilever and Menz & Gasser for development of manufacturing facility in Sanguinetto, Italy

On 26th November 2019, our client, Unilever, announced it has reached a partnership agreement for the development of its manufacturing facility in Sanguinetto, Italy with Menz & Gasser, the Italian manufacturer of jams and semi-processed products. The agreement involves the acquisition by Menz & Gasser of the production plant and the expansion of production through a long-term supply contract guaranteed …

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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 Chicken Tonight to Zwanenberg

On 16th September 2019 our client, Unilever, announced the sale of the Chicken Tonight brand to the Zwanenberg Food Group. Debora van der Zee, Marketing Director Unilever, said “Chicken Tonight is a recognisable and well-loved brand that has been a fixture in Dutch supermarkets for decades. Zwanenberg has been producing the product since 2017 and given the widening of their …

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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 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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Sale of Belazu Ingredient Company to William Jackson Food Group

On 27th November 2018, the William Jackson Food Group announced the acquisition of our client, Belazu Ingredient Company (“Belazu”) from George Bennell, Adam Wells, Charlie Hodges and other members of the management team. Headquartered in London, Belazu employs around 160 people and supplies fine dining restaurants, casual dining chains, major retailers and leading UK food manufacturers with premium, authentic Mediterranean …

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Produce Investments acquired by Promethean Investments

On November 19th 2018, our client, Produce Investments plc (“PI”) , announced that the offer made for it by Promethean Investments had been declared unconditional in all respects. Promethean Investments, a private equity firm specialising in early venture and lower middle market PIPE investments, through one of its subsidiaries, has agreed to pay 193.0 pence per each PI share in …

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