Travers Smith LLP has advised Agrial (the leader in the fresh vegetable market in the United Kingdom thanks to its Florette brand) on its acquisition of Angflor, the innovative year-round protected salad growing operation based close to Colchester in Essex. The business has been renamed Agrial Fresh Farms.
A long-standing supplier to Florette/Agrial, Angflor primarily produces lambs’ lettuce and baby leaf salads at a modern production centre that benefits from one of the highest levels of luminosity in the country. This acquisition is an opportunity to secure and consolidate Agrial’s procurement in the UK in terms of the variables that can impact the fresh fruit and vegetable market during certain periods of the year.
The acquisition follows Agrial’s acquisitions of Aston Manor by its beverage division in September 2018, MyFresh Prepared Produce Limited, a Wigan-based salad processing company, in 2017 and Axgro Foods Ltd in 2016, on all of which Travers Smith previously advised.
The Travers Smith team included Corporate Partner and Head of Paris Office William Howard, Corporate Associate Alexander Cohen-Santi, Tax Partner Hannah Manning, Tax Associate Katherine Williamson and Real Estate Associate Gareth Wynne.