Planet Organic Sold to Inverleith
Planet Organic Sold to Inverleith
Transaction
Overview
Spayne Lindsay & Co. advises on the sale of a majority stake in Planet Organic to Inverleith LLP.
Spayne Lindsay is delighted to announce that it has advised on the sale of a majority shareholding in Planet Organic, the UK’s leading independent retailer of natural and organic products, to Inverleith LLP, a specialist investor in high growth consumer businesses.
Established in 1995, Planet Organic generates over £30 million in revenue through seven London stores that offer grocery, health & bodycare and food-to-go products in an engaging, experiential environment as well as via a rapidly growing ecommerce business.
Planet Organic intends to utilise funds raised as part of the transaction to accelerate growth through further store roll-out focused on the London area, bringing the latest in wellbeing trends to a wider customer base.
“We are delighted to have Inverleith as our new investor and majority shareholder, which will add significant momentum to our mission to serve the very best in healthy and organic products to our loyal customer base.
Spayne Lindsay provided a first-class service from start to finish, utilizing their consumer expertise and relationships to find the best possible investor for Planet Organic.”