South East law firm Thomson Snell & Passmore has advised on the sale of Henley Bridge Ingredients (HBI).
HBI has been bought by HMS, the parent company of ingredient distributors Kent Foods, BFP and Garrett Ingredients.
The acquired business was founded in 1998 by Tony Mycock and is a distributer of high-end ingredients to chocolatiers, ice cream manufacturers, bakers and the food service industry.
HBI will continue to operate as a stand-alone business and the existing management team will remain in charge.
Nick Gabay, a partner in the corporate department, led the project team at Thomson Snell & Passmore and was assisted by Joseph Hartland (solicitor in corporate and commercial), Harriet Nichols (associate in commercial property) and Ben Stepney (senior associate in employment).
Gabay said: "We were delighted to advise and work with the shareholders of HBI on this sale. It was a real pleasure to help them through the process and we are very pleased that they have received just rewards for all of their hard work. I wish Tony, Trevor, their magnificent management team and the business all the best for the future."
Tony Mycock added: "We were delighted by the professionalism of Nick and his team in leading us through what was a complicated and convoluted transaction – an absolute rock guiding and advising us through the process. I would highly recommend Thomson Snell & Passmore without any hesitation."
First published in insiderMediaLimited. Read the full article: https://www.insidermedia.com/insider/southeast/thomson-snell-passmore-acts-on-ingredients-firm-deal