Travers Smith LLP has advised THG plc on the deal. Walker Morris hasadvised Real Good Food plc (AIM: RGD).
THG plc acquired Brighter Foods Limited, a specialist developer and manufacturer of snack bars, from Real Good Food plc for £43 million on a cash and debt-free basis. The acquisition is conditional upon the approval of Real Good Food plc’s shareholders.
The transaction represents the third acquisition Travers Smith has advised THG on since its IPO in 2020.
The Travers Smith team was led by Corporate Partner Adrian West (Picture), assisted by Corporate Associates Ben Lowen, Ella Sharpley and Sophie Gayle-Farlow. Tax advice was provided by Tax Partner Russell Warren and Associate Anthony Reeves.
The Walker Morris team was led by corporate partner and Head of Food & Drink, Richard Naish with support from Jessica Stanley and Micha Hatfield (both corporate). Tax advice was given by Walker Morris tax director Nicola Parkinson and banking advice by Michael Taylor (partner) and Josh Waddington (associate).
Involved fees earner: Sophie Gayle-Farlow – Travers Smith; Ben Lowen – Travers Smith; Anthony Reeves – Travers Smith; Ella Sharpley – Travers Smith; Russell Warren – Travers Smith; Adrian West – Travers Smith; Micha Hatfield – Walker Morris; Richard Naish – Walker Morris; Nicola Parkinson – Walker Morris; Jessica Stanley – Walker Morris; Michael Taylor – Walker Morris; Joshua Waddington – Walker Morris;