Novax AB’s Acquisition Of Majority Shareholding In Ulrick & Short Limited

In UK Walker Morris solicitor, advised on the matter.

Walker Morris solicitor advised Novax with a team including Richard Naish (Picture – Corporate M&A).

Specialist private equity and food sector lawyers have advised Novax AB, the investment company of the Stockholm-based, EUR 8bn Axel Johnson Group, on its acquisition of a majority shareholding in Ulrick & Short Limited, a UK-based leading clean label food ingredients specialist.

Ulrick & Short supplies household name food manufacturers across the world with clean label, gluten free, non-GM, plant based and organic ingredients, and innovates across a diverse range of food industry sectors including bakery, meat, dairy, soups, and sauces.

The transaction will see Ulrick & Short continue to operate as a standalone business, with the company’s founders Adrian Short and Andrew Ulrick staying on as minority shareholders and existing management team remaining in place.

Richard Naish (Picture), who heads up the Walker Morris’ Food & Drink Team, and Thomas Mieszkowski, a senior member of the Private Equity Team, advised Novax.

Involved fees earner: Thomas Mieszkowski – Walker Morris solicitor; Richard Naish – Walker Morris solicitor;

Law Firms: Walker Morris solicitor;

Clients: Novax;

Author: Giulia Di Palma