What we did

We actively supported the Avril group all along the acquisition process: deal structuring, valuation guidance, drafting and negotiation of the LOI, execution support, due diligence management, preparation of negotiation sheets and negotiation of the final legal documentation.

The Kerfoot acquisition is the 9th closed transaction advised by Capitalmind Investec on behalf of the Avril Group.

About the deal

Founded in 1980 the Kerfoot Group is a £75m revenues privately-owned business engaged in the packing, blending and distribution of vegetable and specialty oils predominantly supplied to the food, technical and personal care industries in the UK and internationally (over 400 clients). Employing over 110 people, the group operates from Northallerton (HQs) and the Port of Goole.

Through this transaction, Avril Pôle Vegetal gets hold of a UK platform and secures one of Saipol’s key customer (Saipol is part of Avril’s Oilseed division and engages in producing and marketing refined vegetable oils and biodiesel).