Sterling Corporate Finance Delivers Again in the Food and Beverage Sector.

Sterling Corporate Finance, the Leeds-based corporate financier, played a pivotal role as Freedom Refreshments, a Leeds based vending company, was acquired by Irish crisp giant Tayto.

Freedom Refreshments turned over £16m in the year ended 31 March 2016 and employs 160 people.

Andrew Rose and Stuart Jobbins of Sterling Corporate Finance advised Freedom Refreshments, whose well-known brands include NIVO, LTT VENDING EXPRESSO PLUS AND LAVAZZA, and led negotiations to a successful conclusion.

Freedom Refreshments have over the last 3 years invested heavily in research and development and have almost 7,000 vending machines making them an even more attractive proposition for Tayto. Tayto which owns Golden Wonder, Mr Porky, REAL Crisps and Jonathan Crisp are based in Co Armagh and this acquisition is a very positive move as they seek to increase their presence within the UK vending sector.

Edward Selka, shareholder and Managing Director of Freedom Refreshments, warmly thanked Andrew and Stuart for their advice and professionalism, and for the critical and supportive role they played in ensuring the deal went through.