2010

Year

Business Services

Sector

Seafood Holdings Ltd

Client

Bidvest

Acquired By

Seafood Holdings Ltd / Bidvest

Cavendish is pleased to announce the sale of Seafood Holdings to Bidvest, the South African based diversified group, for £45 million.

Seafood Holdings is one of the UK’s leading national fresh fish suppliers to the foodservice sector, including a number of top restaurants such as Le Caprice, J Sheekey and the Ivy. Seafood Holdings was founded in 1991, since when it has experienced rapid growth, both organically and through a series of substantial acquisitions. At the time of the sale, Seafood Holdings was owned by Risk Capital Partners and Toby Baxendale, its founder and chief executive.

The sale of Seafood Holdings was the eighth transaction for the Cavendish Consumer Group in 2010, capping a highly successful year for the Group and demonstrating purchasers’ on-going appetite for strong UK brands.

Key Contacts

Lord Leigh of Hurley

Senior Partner

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Jonathan Buxton

Partner

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