Major Feed Company Merges with Manufacture Dodson & Horrell has announced a merger with animal feed manufacturer HJ Lea Oakes. Dow Schofield Watts Transaction Services provided financial due diligence on the deal. The venture will bring together the equine, poultry and zoo feed division of Dodson & Horrell Ltd with HJ Lea Oakes from 11 … Continued
A London-based meat and poultry specialist which had been facing financial difficulties has ceased trading after failing to find a buyer. Dow Schofield Watts Business Recovery were appointed as administrators to Nigel Fredericks Trading Limited, which supplied the catering, hotel, leisure and education sectors including a number of high-profile sporting venues. The Dow Schofield Watts … Continued
Food packaging specialist to be acquired by US corporation in £220m deal Proseal UK Limited – the UK firm which is a leading provider of tray sealing technology to the food industry – is to be acquired by Chicago-based JBT Corporation. JBT, which is listed on the New York Stock Exchange, has signed a definitive … Continued
DSW has advised on the Vendor Initiated MBO of Yorkshire Repak and led the associated refinancing of Bidco. Yorkshire Repak – a specialist firm of secondary inspection and contract packers headquartered in Barnsley – has been purchased by its senior management team led by Managing Director Terry Foy in a management buyout after the original … Continued
J E Wilson & Sons (Kendal) Limited (“Wilsons”) Business rescue and recovery specialists Dow Schofield Watts Business Recovery LLP (“DSW”) have helped secure 121 jobs at a Cumbria based chocolate makers after assisting in finding a buyer for the business. Creative Confectionery (Holme) Limited (“Creative”), acquired the business and assets of Wilsons from the Joint … Continued
PRIVATE equity firm LDC has backed a £20m secondary buyout of Warrington-based catering firm Waterfall. LDC has bought a minority stake held by YFM Equity Partners, venture capital trust Neptune-Calculus and Kaye Enterprises, since 2007 when they backed a management buyout of Caterplus. The vendors said they had achieved a 5x return on the original … Continued