January 14, 2021
On 14th January, our client Pasta Evangelists, a UK-based specialist in D2C fresh, artisan pasta and sauces, was acquired by Barilla, the world’s leading pasta company. Founded in 2016, Pasta Evangelists has grown very quickly since its inception thanks to its disruptive ‘omnichannel’ approach, supplying consumers directly via its own website and dark kitchens, as well as serving retailers across …
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October 15, 2020
On 15th October, it was announced that Wessanen and the shareholders of Little Lunch have signed an agreement for the purchase of 100% of the business. Founded in 2014, Little Lunch has developed into the market leader in the German market for organic soup. Over the years, the range has grown and now also includes meal makers and sauces. All …
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September 25, 2020
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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July 14, 2020
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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May 22, 2020
Lotus Bakeries has reached an agreement with our clients, Natural Balance Foods’ founders Jamie & Greg Combs, to purchase the majority of their remaining stake in a deal that gives Lotus Bakeries 97.9% ownership. Jamie & Greg Combs will retain a 2.1% stake whilst remaining on board as trusted advisors to ensure the continuity of the brands’ DNA and help …
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February 26, 2020
On 26th February it was announced that Danone will acquire a majority stake in our client Harrogate Water, owner of one of Britain’s fastest growing water brands and number 1 in the Out of Home bottled water category. Harrogate Water is the owner of the award-winning British water brand “Harrogate Spring Water”, one of the UK’s leading bottled water brands, …
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November 25, 2019
On 25th November 2019, the sale of our client TRS Foods (“TRS”) to Exponent Private Equity was completed. TRS, founded in 1959 by TR Suterwalla, and since 1972 owned and managed by his five sons, is a leading manufacturer and distributor of South Asian ethnic foods which are sold under the TRS brand in the UK and internationally. The TRS …
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October 10, 2019
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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September 16, 2019
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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September 3, 2019
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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