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Benchmark International Completes the Sale of John Dwyer Bakery Limited to Bridgwater Bros. Holdings Limited
July 31, 2018
Benchmark International is delighted to announce the sale of a Rugby-based family bakery firm to Bridgwater Bros.
Founded in 1986 by John and Jacqueline Dwyer, John Dwyer Bakery produces, supplies and delivers one-off and batch baked goods to supermarkets, schools, universities and catering companies.
The acquisition increases Bridgwater Bros’ portfolio of companies to twelve and enables the buyer to focus on expanding on its existing food company, The UK Foodhall, a producer of quality British frozen food. In Bridgwater Bros and The UK Foodhall, Benchmark International sourced an acquirer that adhered to the same values and traditions that have made John Dwyer Bakery a success and all parties involved are looking forward to the future under new ownership.
Following the acquisition, John Dwyer Bakery will operate under its existing brand as a trading subsidiary of Bridgwater Bros, with The UK Foodhall benefiting from John Dwyer Bakery’s loyal customer base and growth through the offering of new products.
Commenting on the transaction, John Dwyer said, “I feel confident of the continuing success of John Dwyer Bakery as part of a larger group. The acquisition will strengthen our market position and we look forward to working with The UK Foodhall to take advantage of the growth opportunities available.
“The Benchmark International team brought invaluable results to this transaction for us. They put our professional aims at the front of their objectives in driving this deal through to the end and allow us to successfully exit the business.”
Alex Forshaw, Associate Director at Benchmark International added, “Bridgwater Bros is the ideal acquirer to allow John and Jackie to realise their personal objectives whilst ensuring the continued growth of the company.”
The sellers were advised by Benchmark International as lead adviser, and Freeman Fisher LLP as lawyer. The buyer was advised by Marshalls Solicitors.
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Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
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