Private Equity Disposal
Food & Beverage
Spayne Lindsay & Co. LLP advises on the disposal of Symington’s.
Spayne Lindsay & Co. LLP is delighted to announce the successful sale of Brand Partnership Group Limited (“Symington’s” or “the Business”) to Hermes Private Equity Limited. The deal is structured as a management buy-in led by David Salkeld. The new management team will bring substantial knowledge and skills to the Business which is expected to be very positive for the company and its employees as it moves forward in its strategic evolution.
Symington’s is a leading manufacturer of high quality ambient convenience food products, including soups, cous cous and microwaveable rice. With several famous brands including Ainsley Harriott, the Business has sales of more than £44 million and operates from a facility in Leeds.