Kiril Mischeff, a leading supplier to the food and beverage industry, has announced the acquisition of food manufacturer and processor Primepak Foods Ltd, further expanding its growing group of businesses.
The Nottinghamshire-headquartered, privately-owned company was once again supported on the 100% share acquisition by long-standing legal advisers, the commercial law firm Schofield Sweeney.
Founded in 1935, Kiril Mischeff is one of Europe’s foremost suppliers of food ingredients to the food and beverage manufacturing, foodservice and retail sectors.
The acquisition of East Yorkshire-based Primepak Foods, which specialises in cheese processing, cooked meats, and the production of sandwich fillers for retail, delicatessen and foodservice under its Wolds Edge brand as well as private-label offerings, enhances and diversifies the range of products and services within the Kiril Mischeff Group portfolio.
Dimiter Mirchev, Group Managing Director of Kiril Mischeff, said: “Primepak Foods is a family owned and run business that offers synergies with our existing products and services offering. This acquisition will allow us to expand and develop our offering and we welcome the Primepak team on board, for what we are sure will be a successful future.”
Richard Johnson, Managing Director of Primepak Foods, said: “We are delighted to be working with Kiril Mischeff and excited to continue growing the business as part of the Kiril Mischeff Group”.
Advisers for the transaction included Affinia and Schofield Sweeney acting for Kiril Mischeff, while DSW Corporate Finance, Bradbury and Co Accountants, and Wilkin Chapman Rollits advised Primepak Foods.
Commenting on the deal, Michael Cantwell, Partner in Schofield Sweeney’s Corporate team, said: “We have worked with Kiril Mischeff for almost a decade now, across a number of exciting acquisitions, and we’re delighted for Dimiter and the team to complete on this deal. This particular acquisition is a great example of the broad scope of expertise Schofield Sweeney offers to clients, covering environmental, real estate and corporate challenges to ensure the best outcomes for all parties.”
