Vibrant Foods acquires Everest Dairies

On 11th March, our client Vibrant Foods announced the acquisition of Everest Dairies, the UK’s largest paneer manufacturer. Everest Dairies, based at its manufacturing facility in Leicester, was founded by Haroon Shaikh and Inayat Fatiwala in 1997. Everest is the leading UK brand in its categories, with its high-quality paneer cheese (a fresh, non-aged, non-melting soft cheese commonly used in …

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PAI Partners to acquire Winterbotham Darby to create a leading UK Chilled Food platform

On 9 November, our client, PAI Partners (“PAI”), a leading European private equity firm, announced the simultaneous acquisitions of Addo Food Group (“Addo”), the UK’s leading chilled savoury pastry producer, and Winterbotham Darby, one of the most innovative and dynamic chilled food suppliers in the UK, to create a leading UK Chilled Food platform. Market leaders in their respective categories, …

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PAI Partners to acquire Addo Food Group to create a leading UK Chilled Food platform

On 9 November, our client, PAI Partners (“PAI”), a leading European private equity firm, announced the simultaneous acquisitions of Addo Food Group (“Addo”), the UK’s leading chilled savoury pastry producer, and Winterbotham Darby, one of the most innovative and dynamic chilled food suppliers in the UK, to create a leading UK Chilled Food platform. Market leaders in their respective categories, …

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BOL Foods receives capital investment

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 …

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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, …

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Sale 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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Sale of Froosh to Fazer Group

Today Fazer Group announced the acquisition of Froosh AB, the leading Nordic smoothie brand, from our client, Unilever Ventures. Fazer Group is an international family-owned company offering quality bakery, confectionery, biscuit and grain products as well as food and café services. The acquisition of Froosh is a perfect strategic fit for Fazer’s future growth and internationalisation plans, supporting its expansion …

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William Jackson sells MyFresh Wigan to Agrial

Our client, William Jackson Food Group, today announced the sale of the Wigan-based fresh prepared salads business of MyFresh Prepared Produce (MyFresh Wigan) to Agrial, the French diversified cooperative and owner of the leading Florette brand. MyFresh Wigan is a leading supplier of fresh prepared salads in bags, bowls and bulk to convenience, Quick Service Restaurant (QSR) and industrial customers. …

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PK Food Concepts sells food-to-go manufacturing facility to Greencore

Our client, PK Food Concepts, a portfolio company of Stage Capital, has sold its food-to-go activity and manufacturing facility located in West Drayton to Greencore. The 40,000sqm facility, which produces hot and cold food-to-go products for customers in the retail, foodservice, travel and leisure channels, will provide Greencore with the additional manufacturing capacity it needs to meet its growth targets …

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Sale of Kerryfresh to the management team

In February, our clients Kerry Foods and Kerryfresh, agreed the sale of Kerryfresh to its management team for an undisclosed sum. Kerryfresh is the leading UK direct-to-store supplier of chilled product, focussed on the independent and convenience store segment. The sale was in line with Kerry Foods’ ongoing strategic re-positioning programme and we were delighted to have acted as sole …

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