Sale of TRS Foods to Exponent Private Equity

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 …

Continue reading →

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 …

Continue reading →

Sale of Chicken Tonight to Zwanenberg

On 16th September 2019 our client, Unilever, announced the sale of the Chicken Tonight brand to food company 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 …

Continue reading →

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, …

Continue reading →

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 …

Continue reading →