4th January 2021
Specialist lawyers at Walker Morris have advised the shareholders of David Berryman Limited on its acquisition by THG Holdings plc for an undisclosed sum. David Berryman is recognised as one of the UK’s foremost fruit-based ingredients specialists, with significant canning and bottling capabilities based in Luton, UK.
Richard Naish in the Corporate Team at Walker Morris, provided legal advice to the David Berryman shareholders.
Commenting on the deal Richard Naish said:
“David Berryman is well known within the food & drink industry as a high quality, innovative supplier of fruit ingredients, with a strong product development team. It has a proud heritage and is committed to continuing to develop and serving its key sectors. The acquisition by THG will provide further investment to enable a broader range of products to be developed and manufactured.”
The acquisition is the latest in a number of M&A deals for the Walker Morris Corporate Team, particularly in the food & drink sector. The Team recently announced it had advised on 19 deals in Q4 with an aggregate deal value in excess of £700m.