HMT advised a buy-in team on the acquisition of Capri Foods Limited (“Capri”).
Capri is a family owned and run business specialising in the supply of high quality Frozen Pizzas and Crusts to a wide range of customers throughout the UK since 1984. The EEC Approved factory operates a full HACCP system and has achieved Grade A EFSIS accreditation.
The new owners hope to expand the operations and add direct clients to the portfolio in addition to the wholesale suppliers who currently account for a large portion of the business.
Andrew Thomson commented:
“We are delighted to have acted for Bharat and Satish on their acquisition of Capri. The business provides a solid platform with the ability to exploit a number of opportunities and deliver an exciting growth strategy. We look forward to working with them in the future.”