Tasty Deal for Underwood Meat Company

3rd July 2014

Irwin Mitchell Advise on Latest Deal Rotherham-based Underwood Meat Company Limited has completed its latest acquisition with the purchase of St Albans-based wholesale butcher business, Butlers, for an undisclosed amount.

Underwood Meat Company has been supplying the catering industry with high quality fresh meat products for more than 35 years and plans to integrate the newly acquired firm into its Southern operation in Goldaming near Guildford. Last year, the Sheffield office of Irwin Mitchell advised Underwood Meat Company on a deal with Country Park Foods which saw it acquire its Bramley Foods subsidiary. The deal resulted in Underwood Meat Company expanding into a new site on Chesterfield's HolmewoodIndustrial Park. Kevin Jones, Finance Director of Underwood Meat Company said -The Butlers business represents a great opportunity to expand our Godalming site, with a customer base which fits perfectly into our existing operation. Underwood Meat Company, with the Bramley Foods acquisition last year and the Butlers purchase this year, continues to grow, looking for the right opportunities to both compliment and develop our existing business model. Matt Ainsworth, Corporate Partner at the Sheffield office of law firm Irwin Mitchell also advised Underwood Meat Company on the latest transaction. Matt said: -Underwood Meat Company is an established and forward-thinking company which has continued to invest in its business and build market share. The newly acquired firm shares Underwood's high standard for quality, procurement and customer service and is a superb fit. I am delighted to support the company with this latest deal and wish the management team all the best in the future. Irwin Mitchell's Corporate team in Sheffield has completed a number of deals in the last few months. These transactions include YFM's investment in the management buyout of Macro Art Limited, Rotherham-based specialist equipment testing business sale to US based MISTRAS Group,  and the £21.5m acquisition of ASK4 by Darwin Private Equity.