Fladgate LLP has advised US based Flagship Food Group (Flagship Foods) on the acquisition of UK Atlantic Foods Group, Ltd (Atlantic Foods).
The enlarged group supplies frozen, shelf-stable and fresh products into both retail and food service markets and also offers food packaging and logistic services and will have a combined turnover in excess of US$300m.
Fladgate corporate partner Grant Gordon led the team advising Flagship Foods in the UK.
Rob Holland, CEO of Flagship, said: “We are thrilled to be bringing the Atlantic Foods business into the Flagship family. The acquisition represents an excellent opportunity for us to further develop our global food business providing new competencies for us in the fast growing food service markets and extend our geographical footprint into Europe.”
Grant Gordon commented: “We were delighted to advise Flagship on its maiden acquisition in Europe and to assist on the execution of its international strategy. This was a complex transaction which was completed in a challenging timescale which drew on the firm’s key strengths in cross-border M&A work.”