Long Established Manufacturer of High Quality Pies, Pastry and Meat Products



DOWNLOAD NDA

Project Bake

Acquisition Opportunity

Hilco is delighted to offer for sale the business and assets of a Company, based in the east of England and established for over 100 years, that uses artisan production methods to produce quality pies and associated products.

  • Various packaging solutions for a range of well known brands, as well as own branded products.
  • Supplies to high street retailers including national supermarkets, wholesalers, cash & carry’s, B2B, convenience and travel.
  • Products include cold and hot eating pies, pastries, scotch eggs.
  • Manufacturing capability with extensive range of plant and equipment and skilled staff.
  • Forecast 6 month orders c £1.4m.
  • Operating from fully fitted leasehold facilities.
  • Highly experienced and skilled team of 46.
  • Turnover: 8 months to end Nov 24 c. £1.45m.

Business Assets

Plant & Equipment – A range of machinery for production along with office furniture & equipment and associated assets (majority freely owned).

Brand – The own brand name established for over 100 years, protected by a trademark.

Work in Progress & Order Book – Ongoing work, the order book, and work prospects.

Stock – Ingredients, packaging, finished stock and chemicals with a cost price of c.£110,000

Leasehold Property – Production factory and office.

Intellectual Property Assets – Web domain, copyright in the content of website, social media accounts.

Organisational Knowledge – An established and skilled team with proprietary know-how.

Goodwill – The valuable goodwill attaching to the business.

Sale Process and Further Information

On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to apercival@hilcoglobaladvisors.co.uk

Terms and Conditions

No warranties, express or implied, are provided in relation to any information or statements made in connection to this opportunity. The information contained herein, and within the project dataroom, has not been verified by Hilco and prospective purchasers must undertake their own due diligence to satisfy themselves as to the accuracy of all such information and any statements made. Hilco’s full Terms and Conditions apply.  Hilco acts as agent for the Vendor who offers for sale only such right, title and interest the Company possesses in the assets.

Contacts

Sophie Felstead

Analyst

London Office

+44 (0) 7394 802845

sfelstead@hilcoglobaladvisors.co.uk

Nick Hughes MRICS

Senior Director

London Office

+44 (0) 7979 541238

nhughes@hilcoglobaladvisors.co.uk

Myles Hall

Analyst

Leeds Office

+44 (0) 7513 830357

mhall@hilcoglobaladvisors.co.uk