EMC Corporate Finance, Hove, advised Martin and David Harris on the sale of their Henfield-based business, Springs Smoked Salmon, to Springs Smokeries Ltd, a new company formed by Sussex businessman Len Leeson as an acquisition vehicle.
David and Martin’s father established the business in the early 1960s and it is now the leading specialist smokers in the South East.
David Harris said: “We are really happy to have found buyers who will preserve the reputation of the Springs name and build on what our father started so long ago.”
Len Leeson, who Lives outside Lewes and comes from a butchery family, added: “Springs is a wonderful brand with a fantastic reputation. I intend to build on this and to ensure that, with the growing demand for regional quality product, Springs stays on top of the menu.”
This is EMC’s seventh transaction this year. CEO Nik Askaroff said: “It’s not always the biggest deals that give most satisfaction. Finding a great home for a wonderful family business that secures its future is just as rewarding. We know that Len and his team will do a fantastic job.”
For more information please contact Natasha Askaroff on 01273 945984
Issued by: David Bosley Associates Ltd (Tel. 01424 211904)Back to all news