Rollits advise on major dairy deal for St Helens Farm
Kate Dixon & Julian Wild
Rollits has provided both
corporate finance and legal advice to St Helen's Farm Holdings on
the sale of St Helen's Farm to Norwegian-owned Kavli Group. York
and Selby accountants JWP Careers, provided tax, accountancy and
corporate finance advice.
St Helen's Farm is the brand
leader in the fast-growing goats' milk market and has 40 employees
at its dairy at Seaton Ross in the Vale of York. St Helen's Farm
produces goats' milk, cheese, cream, butter, yogurts and ice cream
to supply supermarkets across the country on a daily basis. The
business was built up by Angus and Kathleen
Kavli is owned by the Kavli
Trust and its UK turnover will now exceed £40m. The Trust is a
charitable organisation set up by the Kavli family in the 1960s and
profits from the group's commercial activities support good causes
both in the UK and around the world.
Angus Wielkopolski said:
"We're delighted the St Helen's Farm business has gone to a good
home, particularly given Kavli's charitable ownership and we are
sure it will continue to grow and prosper under their
Partner and head of Rollits'
Food Group Julian Wild brought St Helen's Farm and Kavli together
for the transaction and provided corporate finance advice to the
Steve Trynka led the team
which provided legal advice to St Helen's Farm Holdings, supported
by Neil Franklin and David Hextall (property), Keith Benton
(commercial) and Kate Dixon (corporate).
Tax, accountancy and Corporate
finance advice was provided by Stephen Headley and Alastair Byrne
of JWP Creers of Selby.
Steve Trynka, Senior Partner
at Rollits commented: "Rollits were delighted to be involved in
this deal from inception through to completion. Although it was a
complex transaction, we were pleased that it was delivered on time.
St Helen's Farm is a splendid business and we wish Kavli every
success with it".
Stephen Hedley, partner at JWP Creers said "We were delighted to
be able to assist Angus & Kathleen with the sale of St Helen's
Farm. It was great to show the value we can add by pooling our
expertise in specialist areas."
Posted on: 27/08/2013
This article is for general guidance only. It provides useful information in a concise form. Action should not be taken without obtaining specific legal advice.
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