Rutland Partners invests in Bernard Matthews
On 3rd September our client, Rutland Partners, the specialist turnaround and restructuring investor, announced the completion of a major investment in Bernard Matthews to support the future growth and development of the business.
Bernard Matthews is the market leading producer of turkey in the UK, operating across 50 farms and 4 processing facilities, handling circa 7 million birds per annum. Bernard Matthews operates a fully vertically integrated business model owning the entire supply chain from ‘farm to fork’ for both primary markets (eg fresh turkey) and secondary markets (eg cooked meats). In addition, Bernard Matthews has branded value added meat processing businesses in Germany and Hungary.
Rutland’s turnaround skills and financial support will enable significant investment in Bernard Matthews’ farms and operating assets and help drive improved trading performance which better reflects Bernard Matthews’ leading market position and widely recognised brand.