Rollits advise on major dairy deal for St Helens Farm
Rollits has provided bothcorporate finance and legal advice to St Helen's Farm Holdings onthe sale of St Helen's Farm to Norwegian-owned Kavli Group. Yorkand Selby accountants JWP Careers, provided tax, accountancy andcorporate finance advice.
St Helen's Farm is the brandleader in the fast-growing goats' milk market and has 40 employeesat its dairy at Seaton Ross in the Vale of York. St Helen's Farmproduces goats' milk, cheese, cream, butter, yogurts and ice creamto supply supermarkets across the country on a daily basis. Thebusiness was built up by Angus and KathleenWielkopolski.
Kavli is owned by the KavliTrust and its UK turnover will now exceed £40m. The Trust is acharitable organisation set up by the Kavli family in the 1960s andprofits from the group's commercial activities support good causesboth in the UK and around the world.
Angus Wielkopolski said:"We're delighted the St Helen's Farm business has gone to a goodhome, particularly given Kavli's charitable ownership and we aresure it will continue to grow and prosper under theirownership".
Partner and head of Rollits'Food Group Julian Wild brought St Helen's Farm and Kavli togetherfor the transaction and provided corporate finance advice to thevendors.
Steve Trynka led the teamwhich provided legal advice to St Helen's Farm Holdings, supportedby Neil Franklin and David Hextall (property), Keith Benton(commercial) and Kate Dixon (corporate).
Tax, accountancy and Corporatefinance advice was provided by Stephen Headley and Alastair Byrneof JWP Creers of Selby.
Steve Trynka, Senior Partnerat Rollits commented: "Rollits were delighted to be involved inthis deal from inception through to completion. Although it was acomplex transaction, we were pleased that it was delivered on time.St Helen's Farm is a splendid business and we wish Kavli everysuccess with it".
Stephen Hedley, partner at JWP Creers said "We were delighted tobe able to assist Angus & Kathleen with the sale of St Helen'sFarm. It was great to show the value we can add by pooling ourexpertise in specialist areas."
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