Sale Preparation and Sale of Food Processor
Business Challenges
Our client was a niche value-added food processor based in the south-east of Ireland. The owners wished to prepare their business for sale; to identify potential acquirers; and to structure the sales process for a rapid and successful outcome.
Our Approach
Farrelly & Mitchell undertook an in-depth analysis of the company, including its:
- Sales, broken down by volume, value, profitability and strategic sectoral importance.
- Finances, including lines of credit and structured long-term borrowings.
- Human factors, including skill-sets are performance of employees and executives.
- Plant and premises, including an assessment of the value of the premises.
- Supply-chain and distribution network.
In consultation with the owners, this information was used to create a detailed disposal prospectus. A number of potential buyers were identified and the prospectus was dovetailed to their strategic acquisition requirements.
Once a suitable buyer had been identified Farrelly & Mitchell remained involved as an agent of the seller, negotiating and advising until a deal was reached.
Benefits and Value
The company was sold to a mid-tier food processing firm, who preferred to lease the premises in the short to medium term. The vendor subsequently disposed of the premises to a different investor.