Seabstrach Limited an investment holding company is delighted to announce its first acquisition into the fresh produce sector with Lea Valley based UK Salads Limited.
Despite the pandemic’s impact, UK Salads unaudited revenue was £51m with an EBIT of £2.4m.
UK Salads is also making an important commitment to the environment by taking a proactive approach by investing heavily in Green Energy by way of their Combined Heat and Power Plant.
Paul Seabridge, CEO of Opulentia Capital [investor in Seabstrach] commented: “We’re delighted to have the opportunity to build upon what the Directors have created and look forward to watching them grow. We’re looking forward to making further acquisitions in this sector in the future”.
About UK Salads:
UK Salads is a long established company with over 29 years experience in growing and offering an extensive range of first class salad products.
Seabstrach is an investment holding company. The company acquires small to medium enterprises across multiple geographies in the food & beverage & fresh produce space that are well established, profitable and looking to scale. Seabstrach is backed by Mark Strachan & Paul Seabridge, CEO of Private Equity firm Opulentia Capital.