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 …
Continue reading →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, …
Continue reading →Our client, BOL Foods, has completed a growth capital investment from a group of private investors. BOL Foods was founded in 2015 by former leaders at Innocent Drinks with the aim of making it easy for busy people to eat well. Since an epiphany in 2017, BOL has been on a journey to inspire people to eat more plants, removing …
Continue reading →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 …
Continue reading →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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