Rollits advises Riverford Organic on BoxFresh deal
Rollits Food Group has advised Riverford Organic
Vegetables on its acquisition of BoxFresh Organics and its
wholesale arm Flights Orchard Organics.
Riverford is the UK`s largest box scheme supplier of organic
fruit, vegetables and other food with a retail turnover of around
£44m and BoxFresh is the third largest box scheme operator with
4,000 deliveries a week from its bases in Shropshire and
Riverford is headquartered at Wash Farm in Devon and has
other sites at farms in Cambridgeshire, Yorkshire and Hampshire,
enabling Riverford to provide national coverage of organic
Riverford's MD Jack Slatter commented: "We are a good fit
with BoxFresh customers and, in areas we already operate in, it
will double our wholesale business."
Rollits` Food Group Director, Julian Wild, said: "Rollits
has developed a strong reputation for working with a wide range of
high quality food companies. Although we are based in Yorkshire,
with offices in Hull and York, this was an excellent opportunity to
work with the leading box scheme company in the country, located
near Buckfastleigh in Devon, to acquire a business based in
Riverford is a tremendous business and we are delighted to
have worked with them on this transaction."
The legal work on behalf of Riverford was led by Rollits`
corporate partner, Nasim Sharf with assistance from John
Posted on: 27/09/2011
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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