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Deal Date: 19-02-2014 Practice Area: Corporate and M&A
Deal Title: McCambridge Sale of Soreen to Samworth Brothers Industry: Food Producers
Description:
DLA Piper advised the McCambridge Group on the sale of Soreen to Gibbs Croft Limited, part of Samworth Brothers, one of the UK's leading food manufacturers. The acquisition includes the Soreen bakery site at Trafford Park in Manchester. Founded in 1939, and most well-known for its Malt Loaf range, Soreen's product range has expanded in recent years to include new flavours, alongside other "food to go" breakfast products. Samworth Brothers is a family-owned 114 year old Leicestershire-based manufacturer of own-label and branded chilled food products ranging from ready meals and savoury pasties to sandwiches and desserts. The DLA Piper Corporate team was led by partner Tim Lake with assistance from associate Nicky Randle.
Financial Center: Birmingham Value: 0.00-0.00
Advised Party: Vendor Law Firm
Target Company Jurisdiction: United Kingdom Acquiror Jurisdiction: United Kingdom
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Tim Lake