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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Belazu Ingredient Company sold 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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Finsbury acquires Ultrapharm

Finsbury acquires Ultrapharm 03-09-18 On 3 September, our client, Finsbury Food Group plc (“Finsbury”), acquired Ultrapharm Limited (“Ultrapharm”), a Free From bakery manufacturer. The acquisition of Ultrapharm supports the Group’s ongoing strategy to further diversify its product capability into high growth areas. Established in 1993, Ultrapharm employs more than 240 staff across manufacturing sites in the UK and Poland. As …

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Sale of Bama to Serafin Group

On 13th August, 2018 our client, S.C. Johnson & Son announced that it had entered into an agreement to sell Bama, its specialty line of shoe care and shoe accessory products, to Serafin Group, a diversified industrial group based in Munich, Germany. Headquartered in Mosbach, Germany and founded over 100 years ago, Bama is an established leader in the European …

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