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21 December 2020
Manufacturing – Food
Bagel Nash Limited (“Bagel Nash”) is a renowned UK artisan bagel manufacturer with over 30 years of experience, producing quality frozen and ambient bagels. The business is underpinned by a well-invested manufacturing facility.
Shareholders have been planning for an exit since 2018. However the process was accelerated due to the Covid-19 pandemic’s impact on the cash flow and sales.
BDO’s Special Situations M&A Team was introduced by Bagel Nash and its PE shareholder (YFM Private Equity) to explore a potential transaction. BDO ran an accelerated transaction to approach a range of financial and strategic trade acquirers.
Following a robust process a transaction was delivered to trade party, Golden Acre Foods, who will operate the business as an independent investment to expand its current product range.
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