Food & Beverage
Spayne Lindsay & Co. advises Valeo Foods on the sale of Nimbus Food Limited to Meadow Foods
Spayne Lindsay is delighted to announce that it has advised Valeo Foods, a leading international ambient food group, on the sale of Nimbus Foods Limited to Meadow Foods, UK’s top supplier of dairy based ingredients to the food industry.
Nimbus Foods Limited is one of Europe’s leading innovators and manufacturers of high-quality inclusions, decorations, and toppings for the food industry. The company operates from a BRC AA Grade factory in Dolgellau, Wales, and supplies a broad range of value-added ingredients to some of the world’s best-known producers of confectionery, bakery, ice-cream, and chilled desserts products.
Mark Chantler, Chief Executive of Meadow Foods, commented:
“Nimbus fits perfectly with our growth strategy of pushing further into the value-added ingredients space. This acquisition will further diversify our portfolio and strengthen our position as a leading supplier of confectionery ingredients.”