Cripps advises Kent Frozen Foods on its acquisition by Sysco Corporation
Cripps has advised Kent Frozen Foods (kff) on its acquisition by New York Stock Exchange listed Sysco, which will see it become part of the largest food service company in the world.
Following clearance from the Competition and Markets Authority, the deal completed on Easter Monday. The acquisition is strategically important for Sysco and the first in the UK since its purchase of Brakes Group in 2016.
Caroline Harrison, kff’s Finance Director and Company Secretary commented: “We have had a strong relationship with Cripps for many years, so the firm was an obvious choice to assist us with this key transaction. We were very pleased with the advice and support we received from James Beatton and Katie Haylock through the process. They were a vital part of our team and their knowledge and attention to detail allowed us to progress the transaction successfully and to the satisfaction of all concerned.”
This is the latest in a number of deals the firm’s corporate team has advised on. For more information see here.