Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 02-05-2014 | Practice Area: | Corporate and M&A |
| Deal Title: | Phoenix Equity Partners Sale of NFT Distributions | Industry: | Support Services |
| Description: |
A Travers Smith team, led by Private Equity partner James Renahan, has advised all selling shareholders, including Phoenix Equity Partners, on the sale of NFT Distributions Operations Limited (NFT). NFT is the UK market leader in chilled food distribution and has been sold to EmergeVest (a private investment boutique).
Phoenix Equity Partners first invested in NFT in 2006 when NFT was acquired from Northern Foods by way of management buy-out. Phoenix Equity Partners has supported the organic expansion of NFT, driven by significant investment in chilled warehousing capacity and distribution facilities, such that NFT has 7 UK distribution centres and approximately 2,000 employees.
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Vendor | Law Firm | Travers Smith |
| Target Company Jurisdiction: | United Kingdom | Acquiror Jurisdiction: | United Kingdom |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Jeremy Walsh |
