Clairfield advises on the sale of Richard Wellock & Sons to William Jackson Food Group
Richard Wellock & Sons Ltd, a food distributor, was sold to William Jackson Food Group.
Wellocks supplies a range of high-quality fruit, vegetables, dairy, meat and dried store ingredients to a national customer base of Michelin star restaurants, premium casual dining chains, 5* hotels and premier league football clubs. Wellocks, which employs around 470 people nationwide, operates from four strategically placed business units and makes over 6,000 nationwide deliveries a week via its own fleet of temperature-controlled vehicles. The company has become a partner of choice for chefs across the UK as a result of their premium product range, bespoke service, in-house development kitchen and speed of supply.
167-year-old family business William Jackson is a £300m+ turnover diversified food group supplying into both the retail and foodservice markets through brands including online organic grocery delivery business Abel & Cole, bakery Jacksons, The Food Doctor and MyFresh.
Clairfield International in the UK acted as exclusive financial advisor to Wellocks.
“We’re really excited to be joining a family business which understands what Wellocks is all about and has family values very similar to our own. I am delighted to have found a buyer who values the philosophy of Wellocks and who will help to continue its strong growth. Clairfield’s advice and guidance throughout the process has been invaluable and has helped to deliver an excellent result.” — James Wellock, Managing Director
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