Slaughter and May advised Greencore on its acquisition of Freshtime03 Sep 2019
Slaughter and May advised Greencore Group plc, a leading manufacturer of convenience foods in the UK, on its acquisition of Freshtime UK Limited. Freshtime is a well-established supplier of food to go salads, chilled snacks and prepared produce in the UK operating from a single facility in Boston, Lincolnshire. Total consideration for the acquisition comprises an enterprise value of £56.0m, cash on the acquired balance sheet and a normalised level of working capital.
Corporate: Richard Smith (partner), Carla Edney (associate), Liam Healy (associate), Chris Han (associate), Gabriel Lim (trainee), Rachel Rourke (trainee); Tax: Sara Luder (partner), Stella Kim (associate); Real Estate: Samantha Brady (senior counsel), Paul Roberton (associate); Pensions and Employment: Daniel Schaffer (partner), Lucy Duane (associate), Katie Lewis (associate); IP/IT: Cathy Connolly (partner), Harry Vanner (associate)
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