Arnold Bloch Leibler has advised ready-to-eat meals business Fitness Outcomes on its recent transaction with Patties Foods.
Four’N’Twenty pies parent Patties Foods has bought ready-to-eat meals business Fitness Outcomes, boosting its group turnover to almost $500 million.
The acquisition will see the manufacturing of 20 chilled and frozen SKUs transferring to Patties Foods’ Packenham and Australian Wholefood sites during the next two months.
Patties Foods will take over full responsibility for all sales, marketing and product development of the Fitness Outcomes brand.
Fitness Outcomes is a healthy convenience food business with high-quality, nutritious ready-to-eat meals. The brand is stocked in Coles and Woolworths as well as gyms and other independent stores.
The ABL team, led by Commercial Partner Christine Fleer (Picture) and supported by Lawyer Charlotte Inge, advised on all commercial aspects of the transaction.
Law Firms: Arnold Bloch Leibler;
Clients: Fitness Outcomes;