We are pleased to announce the completion of the following deal: Sale of Planet Produce Limited
Gateley Plc advised the shareholders on the sale of Planet Produce Limited to Provenance Partners Limited.
Planet Produce Limited is a leading supplier in the UK market of fresh produce specialising in importing exotic produce.
Provenance Partners Limited is a subsidiary of Total Produce Limited, a joint venture in the Total Produce Plc group, a company listed on both the London and Irish Stock Exchanges. Total Produce Limited has become one of the UK’s largest fresh produce suppliers.
The deal was led from the Leicester office by Corporate partner Gareth John, supported by Corporate solicitor, Priyadevi Thakker. Employment advice was provided by Helen Webster. Jo Symes advised on the tax elements of the sale.
Commenting on the deal Gareth John said: “The sale of Planet Produce is the culmination of the hard work and commitment put in by the shareholders over a number of years. We wish the business well under new ownership.”
For more information about our Corporate services contact: Gareth John or Priyadevi Thakker