Food & Beverage
Spayne Lindsay & Co. advises on the sale of Freshcut Foods to Perwyn
Spayne Lindsay is delighted to announce that it has advised Freshcut Foods, a market leading outsource supplier of premium chilled food components, on its sale in a management buyout backed by Perwyn.
Freshcut supplies added value vegetables, fruits and carbohydrates into a diverse and growing base of food manufacturer and food service customers in the UK. The business is deeply integrated into the supply chain of its customers, offering a highly flexible service to meet customer requirements delivered through its best in class service levels and product innovation capabilities. The Company has approximately 250 employees across two manufacturing facilities in Beeston, Nottingham.
Peter Clee and Adam Clarke, former majority shareholders of Freshcut Foods, commented:
“From our initial discussions through to completion we were totally confident that Spayne Lindsay would provide the full package of insight, analysis, unparalleled dedication and professionalism to ensure a successful outcome.
Their sector and market knowledge and calibre of personnel is second to none. It has been a pleasure working with such a great team.”