Finedale Foods are exploring an opportunity to purchase an ambient snack brand with presence within retail, wholesale, alongside a strong D2C following.
The owner wishes to sell (circa £50k) for 100% shareholding, products are third party co-manufactured. (£400k turnover)
We may leave the production where it is, bring this in-house or move to another facility. Fulfilment house in place but can easily be changed.
May be of interest to an existing business or an individual who wants to part-own a business and must be entrepreneurial. Excellent opportunity for someone who wants to work across the FMCG sector. In essence, we will buy/part-buy the business and are looking to work with someone to run the business/brand.
The ambient bite-sized snack products are bakery goods which are gluten free, dairy free, plant based healthy snacks/treats that sit alongside meal deals and sold alone within retail chains (inc. Boots, Booths, WH Smith) and available via Amazon, Ocado and D2C.
The brand is also sold in Ireland, Europe, Middle East and North America.
Ed’s view is that the branding and proposition are very strong, owner has been highly successful at gaining global listings but it needs a refocussed effort to increase sales within the UK, whilst tweaking the product to widen its appeal. Our interest is to make the range ‘no nuts’ allowing us manufacture at our BRC site in Norfolk.
