Acquisition of Meadow foods by Exponent Private Equity

DATE
August 2018

TRANSACTION TYPE
Private Equity Acquisition

VALUE
£ Undisclosed

SECTOR
Food & Beverage

Spayne Lindsay & Co. advises on the strategic investment in Meadow Foods by Exponent Private Equity

Spayne Lindsay is delighted to announce that it has advised on the strategic investment in Meadow Foods, the UK’s largest independently owned dairy group and leading supplier of added value ingredients to the food industry, by Exponent Private Equity, one of the UK’s leading private equity firms.

For 25 years, Meadow Foods has built strong relationships with both farmers and customers, to become a leading supplier of milk and dairy ingredients to the food industry. With a network of over 650 producers, they supply more than 100,000 tons of dairy ingredients per year, from three UK factories to food manufacturers and foodservice customers.

Oliver Bower, Partner at Exponent, commented:

“Meadow Foods has matured as a business significantly in recent years and we believe the business is extremely well placed for continued growth. The core fundamentals of a strong management team, good customer relationships and a strong producer base make the business the success it is. We are very excited by this opportunity and look forward to executing the strategy for continued growth.”