Company News, Deals
Sale of StarSpice Ingredients
1–2 minutes
We advised the vendor on the sale of the company, a specialist importer of gin ingredients, to The Spice Hunter Ltd.
Company background
Based in Fowlmere near Cambridge, StarSpice Ingredients is a specialist bulk supplier of Gin Botanicals, herbs, spices and exotic ingredients to the UK food and drinks industry. Trading for more than 10 years, the company provides a highly personal service and advice on all aspects of the specialist products it sources and supplies.
What we did
Our advisory team prepared the valuation of the business, devised the deal structure, and negotiated with the buyer. Whilst not typical of the size of transaction PEM usually advises on, this was a long-standing client of PEM and we wanted to maximise value for the vendor.
Deal structure
100% of the share capital to the buyer via an MBO-style structure.
Please note that this content is not intended to give specific technical advice. It is designed to highlight some of the key changes rather than provide an exhaustive explanation of the topics. Professional advice should always be sought before action is either taken or refrained from as a result of information contained herein.
