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Article: Founders buy buck The Cheese Cellar Co.(news: DAIRY)(Brief article)
- Article from:
- Grocer
- Article date:
- May 9, 2009
CopyrightCOPYRIGHT 2009 William Reed 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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The Cheese Cellar Company has been bought out by its founders after parent Novel Group went into administration.
The MBO, led by founders Nick Martin, Jonnie Archer and Simon Yorke of H&B Foods, was completed last week, securing the future of the speciality cheese wholesaler and supplier whose customers include Harrods, the Ritz and Pret A Manger.
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The deal was joint-funded by Straumur Burdaras Investment Bank.
"This is a hugely successful company and this move will only ...