Raising finance for Fresca Group Limited

BDO.LiveSite.Deals.DealTypeM&A
BDO.LiveSite.Deals.IndustryManufacturing
BDO.LiveSite.Deals.SubIndustryFood and drink
Fresca is a market leader in the fresh produce industry, growing, importing and distributing fresh fruit and vegetables to predominantly large supermarkets across the UK. 

Along with its key partners, Fresca owns and operates several state-of-the-art glasshouses in the UK. These glasshouses enable Fresca to grow fresh salads domestically all year round, while also providing essential food security in the UK economy. 

BDO successfully advised Fresca in raising a debt package to support the acquisition of its long-term JV partner, Rainbow Growers Group UK (“Rainbow”), which included purchasing a state-of-the-art glasshouse in the UK. 

The strategic acquisition of Rainbow will allow Fresca to continue to increase its share of the UK salad market.

“I am most grateful for your considerable help in delivering Project Bloom. BDO Debt Advisory provided valuable support in preparing the business to approach the market and deep market insight to inform our negotiation. They were able to provide us with a service that specifically addressed our requirements and we were delighted with the outcome delivered.”

James Cox, CFO, Fresca Group