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 have worked with James Constable over the past few months on several recruitment briefs for varied interim and permanent roles. It has been a pleasure to work with a recruitment consultant who has an excellent understanding of the food industry and the roles that we have been looking to fill. For senior level positions, James has conducted a thorough screening, including meeting the candidate face to face, and has therefore been able to provide an excellent shortlist. Some roles have also been urgent, due to an immediate requirement in the business, and James was able to prioritise and help source these roles, whilst not losing focus on the other briefs. I would wholeheartedly recommend James for an effective, efficient and friendly approach to recruitment. Many thanks!
Human Resources Manager
Leading Global Ambient Spices, Herbs, and Flavorings Manufacturer