Conditional Corporate Acquisition
Food & Beverage
Spayne Lindsay is delighted to announce that it has advised on the conditional acquisition of Manton Wood Limited (‘Manton Wood’) from 2 Sisters Foods Group by Samworth Brothers.
Manton Wood Limited is a newly incorporated entity holding the trade and assets of the Food-To-Go business formerly part of Solway Foods located at the Manton Wood facility in Nottinghamshire. The business opened in 1999 and is a leading supplier in the Food-to-Go area. The site produces a combination of sandwiches, wraps and rolls.
Completion of the transaction is subject to customary completion conditions and satisfactory approval by the Competition and Markets Authority.
Flor Healy, CEO of Samworth Brothers, commented:
“Samworth Brothers already has an excellent presence and a strong reputation in Food-to-Go, both through our various private label Food-to-Go businesses and our brands. The acquisition of Manton Wood will be a great extension to these strong capabilities and will create even more opportunities in this fast-growing area”