Plum Baby Limited acquired for £10 million under management buy-in backed by Darwin Private Equity
Clients Plum Baby Limited
Jones Day advised Plum Baby Limited, a leading UK premium organic food company launched in 2006, in connection with its acquisition for £10 million (US$15 million) under a management buy-in backed by Darwin Private Equity.
The sellers of Plum Baby Limited included Venture Capital Trusts managed by Beringea, Octopus and Foresight, who had invested in 2007. Jones Day was introduced to the transaction by Spayne Lindsay & CO. LLP, the financial adviser to Plum Baby Limited on the deal.