£1.46m double acquisition for Fine Food Holdings

£1.46m double acquisition for Fine Food Holdings

Scottish firm Fine Food Holdings has purchased two specialist food companies worth over £1m.

The firm purchased Clarks Speciality Foods Ltd and Wild Tastes Ltd who both supply premium, specialist products to the foodservice sector, and speciality retailers across Scotland. 

Owners Allan Currie and Stuart Robinson are both established investors in the food and drink sector, already having ownership of coffee roasting and bakery businesses.

Their latest acquisitions were supported with funding from Clydesdale Bank.

Based in Penicuik, Clarks Speciality Foods was formed in 1993 and specialises in selling speciality food products including fine cheeses, chocolate and charcuterie to some of the country’s top hotels, restaurants and delicatessens.

Wild Tastes sells its cheese, deli, seasonal game and other fresh produce to customers direct from its refrigerated van.

Fine Foods chairman Stuart Robinson, said: “We’re very pleased to have brought Clarks and Wild Taste into our family of companies. The products and services they provide complement our other high-end food and drinks companies.

“Both companies enjoy strong reputations among Scotland’s top restaurants, hotels and other food outlets. Together, the companies have around 35 employees and a fleet of 10 vehicles.

“As well as increasing our product offering and workforce, these acquisitions also expand our geographical reach in Scotland.”

John Brebner, head of Clydesdale Bank’s Customer Banking Centre in Edinburgh, said: “Clydesdale Bank is proud to assist businesses targeting growth.

“We have supported Stuart and Allan’s businesses for a number of years now and they are a great example of how ambitious businesses can expand successfully through acquisitions.” 

 

 

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