Acquisition of Seabrook Crisps Ltd by Calbee (UK) Ltd

DATE
October 2018

TRANSACTION TYPE
Corporate Acquisition

VALUE
£ Undisclosed

SECTOR
Food & Beverage

Spayne Lindsay & Co. advises on the acquisition of Seabrook by Calbee

Spayne Lindsay is delighted to announce that it has advised on the acquisition of Seabrook Crisps Ltd (‘Seabrook’), the iconic Yorkshire crisp brand, by Calbee (UK) Ltd, the UK subsidiary of $2.3bn Japanese global snack company, Calbee Inc.

Established in 1945, Seabrook is an iconic crisp brand producing a range of crinkle cut, straight cut and lattice crisps, as well as low-calorie snacks, from its headquarters in Bradford where it employs 160 people. Today it produces more than 250 million bags of crisps a year, which are enjoyed by consumers worldwide having successfully entered new markets including the United Arab Emirates, China, France, Spain and Australia.

Richard Robinson, CEO of Calbee UK/Europe, commented:

“Seabrook is a company with a great history, tradition and numerous first to market initiatives and serves as a perfect complement to the ambitious, young business that is Calbee UK. We are delighted to have made the acquisition and have been well-supported by the Spayne Lindsay team throughout. They offered valuable guidance based on their extensive experience in consumer M&A and were actively involved in the detail at all times – they are first class and a pleasure to work with”