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Hazlewoods LLP advises on the management buy-out of Fermex International Limited

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5 August 2009

Fermex is a leading supplier of ingredients and technical advice to the UK speciality bakery market.  The Company’s main objective is to provide the best ingredients available.

Stephen Randell of Fermex commented “Hazlewoods provided hands on advice and support from pre-deal evaluation through to completion and post-deal support.  Hazlewoods took time to understand our needs and to advise accordingly, providing corporate finance, structuring, tax and accounting input.  We look forward to working with Hazlewoods going forward”.

The transaction included a group reorganisation.  Debt finance was provided by HSBC.  Dale Williams of Lodders LLP provided legal advice.

For further information on this press release, please contact Paul Fussell.