Vibrant Foods’ Acquisition Of Fudco Partnership

In UK Charles Russell Speechlys, advised on the matter.

Charles Russell Speechlys advised Fudco Partnership with a team including James Broadhurst (Picture – Corporate M&A), Helen Coward (Tax M&A and Deal Advisory), Paul Henty (Competition Law), Piers Master (Tax M&A and Deal Advisory), Jonathan McDonald (Commercial Law).

Fudco, a family-owned business selling South Asian ethnic foods in UK and Europe, has been sold to Vibrant Foods, a portfolio company of global private equity house Exponent.

Founded in 1979 by brothers Sheilesh and Akhil Shah, at the time of sale Fudco had a range of 2,500 products, supplying supermarkets and independents with nuts, spices, dried fruits, pulses, speciality flours and other Asian foods. The business’ premium brands include Fudco (nuts, spices and other Asian foods), Chai Xpress (ayurvedic, spiced and herbal teas) and Golden Tree (Mediterranean-inspired nuts and seeds).

The Charles Russell Speechlys team, led by Corporate Partner James Broadhurst (Picture), included Ashwin Pillay and Ayman Shehata (Corporate), Piers Master and Denise Li Gates (Private Client), Paul Henty (Competition), Jonathan McDonald, Caroline Young and Freddie Law (Commerical), Helen Coward and Tessa Newman (Corporate Tax), Juliane Lorenz (Real Estate) and Sophie Lockwood (Employment).

Involved fees earner: James Broadhurst – Charles Russell Speechlys; Helen Coward – Charles Russell Speechlys; Paul Henty – Charles Russell Speechlys; Freddie Law – Charles Russell Speechlys; Denise Li Gates – Charles Russell Speechlys; Sophie Lockwood – Charles Russell Speechlys; Juliane Lorenz – Charles Russell Speechlys; Piers Master – Charles Russell Speechlys; Jonathan McDonald – Charles Russell Speechlys; Tessa Newman – Charles Russell Speechlys; Ashwin Pillay – Charles Russell Speechlys; Ayman Shehata – Charles Russell Speechlys; Caroline Young – Charles Russell Speechlys;

Law Firms: Charles Russell Speechlys;

Clients: Fudco Partnership;

Author: Giulia Di Palma