Sale of Mars Jones, £6m T/O, Haulage, Storage and Logistics business, during a pandemic!
The Sale of FoodBlenders Limited in January 2015 was as near a perfect example of a sale of a privately held food business that we have been involved with. Pun intended, all of the elements of the mix were assembled, blended and put to good use.
Having met with the owners of Phoenix Select Foods in 2009, Corporate Mergers knew of their desire to exit their business at some point in the future. We maintained a watchful eye on their progress and had seen them grow considerably over a two year period.
Our client was approached by a trade buyer in the sector to ask if he would consider the sale of his business. In turn, we were asked to assist the client with the sales process. A relatively simple brief, but as is often the case what seems simple initially often has a myriad of factors that can lead to tense times and some difficult decisions.
Corporate Mergers was introduced to the owners of Peak Ingredients Ltd to assist the four separate shareholders with an outcome that was fair and equitable for all shareholders.
The Industrial Foods Division of Hugli was managed at the time by Erik Linke. Corporate Mergers was introduced to Erik in the summer of 2006 in order to discuss how we might assist them with an acquisition of a UK based facility to complement their existing activities.