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Article: The beginning of a new era for the Ilchester Cheese Company.(ACQUISITIONS)(Ilchester Cheese Company Ltd.)(Brief Article)
- Article from:
- Food Trade Review
- Article date:
- March 1, 2005
CopyrightCOPYRIGHT 2005 Food Trade Press Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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After almost 40 years of innovation and quality, the Ilchester Cheese Company Limited has been sold to its long serving, senior management as an MBO for an undisclosed sum. Inflexion Private Equity, the London based management buy-out specialists, has backed the MBO team, Melvin Glynn, Linda Retter, Gary Childs.
Speaking on behalf of the team, Melvin Glynn said: "Whilst in shareholder terms the buy out represents a new era for the company, customers can be assured of full continuity as ...