Rollits advises Zubrance on the sale of Quality Kernels
Rollits Food Group, the specialist food team of Rollits LLP
(Rollits), is delighted to have advised Zubrance Limited (Zubrance)
on the successful sale of its nut processing subsidiary, Quality
Kernels Limited (Quality Kernels), to Idolwood Limited.
Quality Kernels is one of the UK's leading industrial nut
processors and supplies a full range of high quality nuts,
including organic and Fair Trade, to a blue chip customer base of
leading food manufacturers.
Quality Kernels, which is based at Brierley Hill in the West
Midlands, was acquired by Zubrance in 2007, also with the corporate
finance and legal advisory support of Rollits.
Zubrance is a substantial food group which also includes New
Ivory sauces in Elland, West Yorkshire, and Confection by Design in
Harrogate, North Yorkshire.
The purchaser also owns Petrow Food Industries, an important
processor of nuts, dates and dried fruit in Perivale near
Zubrance Finance Director Adam Jones said: "We have worked well
with Rollits for many years and are very pleased to have achieved a
sale of the Quality Kernels business to a serious group. We wish
them every success in the future."
The Rollits team was led by Food Group Director Julian Wild and
Associate John Flanagan. Rollits is a Yorkshire commercial law firm
with offices in Hull and York.
Julian Wild commented: "Rollits advised Zubrance on the
acquisition of Quality Kernels in 2007 and we were very pleased to
provide the corporate finance and legal advice on the successful
sale of the company to another major trade player. We look forward
to working with Zubrance as they grow their other businesses."
Posted on: 13/03/2013
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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