Dechert advised Endless on the deal.
Endless LLP executed its acquisition of Hovis, one of the UK’s most prominent bread and flour brands. The transaction was secured after a competitive auction process for an undisclosed amount.
Based in the UK, Endless is a transformational investor specializing in supporting buyouts, non-core acquisitions from larger groups, turnarounds and financial restructurings. The acquisition of Hovis adds to the firm’s existing portfolio of food sector investments, which includes BBF Limited, a major supplier of cake products to UK grocers.
The Dechert London team advising Endless included corporate partners Ross Allardice (Picture) and David Miles; corporate associates Mark Evans, Sarah Moffat, Thomas Clarke, Anthony Frost, Alex Pritchard, Ruth Taylor and Eve Wright; finance associate Isaac Bordon; labor associate Emma Byford; antitrust associate Adam Kidane; and trainees Harriet Geddis and Jade Levin.
Involved fees earner: Ross Allardice – Dechert; Isaac Bordon – Dechert; Emma Byford – Dechert; Thomas Clarke – Dechert; David Miles – Dechert; Mark Evans – Dechert; Anthony Frost – Dechert; Adam Kidane – Dechert; Sarah Moffat – Dechert; Ruth Taylor – Dechert; Eve Wright – Dechert;
Law Firms: Dechert;
Clients: Endless LLP;