Fresh-Pak Sold to Sun European Partners
Fresh-Pak Sold to Sun European Partners
Transaction
Overview
Spayne Lindsay is delighted to announce that it has advised Fresh-Pak, a leading UK chilled foods business, on its sale to Sun European Partners.
Operating from a purpose built facility in Barnsley, Fresh-Pak is the UK’s largest supplier of deli fillings, with a broadening product portfolio that includes dips and innovative egg products.
Fresh-Pak has a diverse customer base including all of the UK’s leading grocers and has grown substantially in both size and profitability under the ownership of Jaguar Capital, who acquired the business in 2008.
The management team, led by Keith Foreman, will remain with the business under Sun European’s ownership.
“This transaction brings to an end a successful ownership period of Fresh-Pak for Jaguar Capital. Spayne Lindsay advised us on acquiring the business and continued to provide strategic advice and assistance. Their sector expertise and pragmatic approach was vital throughout the process and we are pleased with the final result. We wish Sun European and the Fresh-Pak team all the best going forward”