18th April 2018
The impending threat of Great Britain leaving the European Union is doing little to scare off investors in UK food businesses.
Conversely, it has been cited as one of the main reasons for the strong number of deals carried out in the sector in a newly published report.
According to Simon Peacock, director at Catalyst Corporate Finance, nine deals involving food businesses have been completed in the first quarter of 2018, seven of which involve trade buyers and two led by a UK financial investor.
He explained why UK food businesses are proving so popular. “Establishing a UK footprint or investing in a trusted UK food and drink brand is being viewed as a way to ward off potential tariffs that could be imposed on EU imports for trade,” said Peacock. “For private equity and private owners, healthy businesses in the sector are now being seen as strong bets for continued growth despite Britain’s impending departure from the EU.”
Source: Food Manufacture
I wanted to take a moment to express how happy my company and I am with Kelci’s and the services of CPA. Earlier this year I was very frustrated. I had engaged my regular recruiter in seeking an engineer with a background in agriculture. (Not an easy task.) After 3 months he had not been successful. I found Kelci on LinkedIn and contacted her. The first thing she insisted on was coming here and seeing my plant. (She was the first recruiter I have worked with who did this.) She wanted to know what the working environment was like here. From there she began her search and within 6 weeks I had my engineer with a background in agriculture. I then turned to her this fall to assist in finding me a maintenance supervisor. She provided me with a number of outstanding candidates and we have just been notified that our number one candidate has accepted our offer.
Kelci is now my “go to recruiter.”
Large Blue Chip Manufacturer