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 Herefordshire.

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 vegboxes.

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 Ledbury, Herefordshire. 

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 Flanagan.

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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