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Hazlewoods advise on the sale of Fermex International Limited

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2 February 2012

Hazlewoods Corporate Finance has recently advised Fermex International Limited on their acquisition by DCL Yeast Limited.  Previous to this, Hazlewoods also advised on the management buy-out of Fermex in 2009 and have provided accountancy and tax services in the period to date. The Hazlewoods team was led by Corporate Finance Partner, Paul Fussell.

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 to this niche market.

Legal advice was provided by Dale Williams of Lodders LLP. Legal advice for the purchaser was provided by Linklaters LLP.

Stephen Randell of Fermex commented “Hazlewoods has provided excellent service throughout the transaction process. The directors have been particularly impressed with the advice given to them, which has been practical, clear and straightforward from start to finish. Hazlewoods’ guidance has been invaluable throughout.”

Paul Fussell of Hazlewoods Corporate Finance noted '”Fermex has an excellent reputation and a quality customer base.  The Company’s shareholder directors are well regarded in the industry and are looking forward to working with the Lesaffre Group going forward.  It was a pleasure to advise the Fermex shareholders and we wish them all the very best in their new roles”.

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