Macfarlanes advises management team of Hovis on sale to Endless
10 November 2020Macfarlanes has advised the management team of British bread maker Hovis on its sale by London-listed Premier Foods and American investor The Gores Group to British private equity firm Endless.
Hovis has seen strong growth in its branded market share and the business is well placed to capture further share of the UK’s £4bn bakery sector.
The Macfarlanes team was led by corporate and M&A partners Howard Corney and Jessica Adam with support from corporate and M&A senior solicitor Eniga de Montfort.
Howard Corney comments: “Having worked with the Hovis team over the last few years on various projects it was a pleasure to be invited to advise them again on this important transaction and we look forward to supporting them in the future under new ownership.”
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