DATE
December 2018
DATE
December 2018
TRANSACTION TYPE
Corporate Disposal
VALUE
£4 million
SECTOR
Food & Beverage
Spayne Lindsay is delighted to announce that it has advised on the sale of R&W Scott, a Scottish based manufacturer focused on preserves and coatings, to its management team.
R&W Scott has been producing jams and preserves for over 130 years and is based out of Carluke in Lanarkshire, Scotland. R&W Scott also manufactures chocolate flavoured coatings, sweet and savoury spreads and specialitysoft icings, servicing several sectors including retail, foodservice and wholesale customers worldwide and has been a part of RGF since the Group’s inception.
The sale of R&W Scott is the second disposal that Spayne Lindsay has advised RGF on in 2018, following the sale of Haydens Bakery to Bakkavor earlier in the year.
Hugh Cawley, CEO of Real Good Food plc, commented:
“Spayne Lindsay once again demonstrated the value of their involvement in this transaction, helping to guide this deal over the line, even when others had already packed up for Christmas!”