Hilton Foods Limited, a subsidiary of Hilton Food Group plc, the international meat and seafood business, has sold Fairfax Meadow Europe Limited to Sysco GB Limited, part of the Sysco Group, for £54 million.
Fairfax Meadow is the UK's leading meat supplier to the foodservice sector and has been operating for more than 50 years. It currently employs 360 people, with production and distribution facilities across Derby, Enfield and Eastleigh.
The sale forms part of
Hilton Food Group's wider strategic review, aimed at aligning operations more closely with its core business strengths.
Our team was led by
William Belcher (partner),
Samuel Curme (senior associate) and
Nuria Ashmore Barrios (associate).
The transaction required specialist advice across multiple practice areas involving the following lawyers:
Tax
James Ross (partner) and Melissa Hale (associate)
Real Estate
Louise Tobutt (senior counsel) and
Rebecca May (senior associate)
Competition
Louisa Penny (senior counsel)
Employment and Pensions
Sean Nesbitt (partner),
Mark Smith (partner) and
Afshan Mallik (senior associate)
Intellectual Property
Sian Skelton (partner),
Simon Jupp (senior counsel),
Prachi Vasisht (associate) and
Mike Vallance (associate)
Regulatory
Martin Dowdall (partner) and
Mila Pencheva (senior counsel)
