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 Wielkopolski.

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 ownership".

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 vendors.

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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