International law firm Osborne Clarke has advised Foodbuy Europe Limited, part of the publicly listed Compass Group PLC ("Compass"), the world’s largest food and support services business, on its acquisition of Regency Purchasing Group.
Based in Weston-Super-Mare, Regency Purchasing Group provides purchasing and operations solutions to over 5,000 sites ranging from independent sites to large groups. The company has a strong national footprint operating across the hospitality and leisure market as it commits to creating a leaner and smarter cost base as well as being able to share its experience to improve operational efficiency.
Foodbuy provide expert procurement services to their wide range of foodservice and hospitality clients through outstanding data analysis driven forward by a team of 200 professionals.
Foodbuy and Regency Purchasing Group will share a partnership approach to operations, allowing both businesses to continue to maximise savings, improve quality and identify new ways of innovation for clients.
The Osborne Clarke team assisting Compass was led by Corporate team members Partner Tom Try, Senior Associate Josephine Healy and Associate Rachel Barbour.
They were assisted by a large cross-service line team which included Partner David Nisbet (Tax), Associate Director Elizabeth Shanahan (Tax), Senior Associate Ben Doeh (Tax), Senior Associate Marie-Claire Day (Commercial), Associate Emily Tombs (Commercial), Associate Alice Clack (Commercial), Associate Ian Solomon (Commercial), Associate Mo Toqeer (Commercial), Senior Associate Natasha Burbidge (Employment), Senior Associate Laura Crang (Employment), Senior Associate Sophie-Jennifer Pyle (Real Estate), Associate Joachim Piotrowski (Competition), Trainee Sophie Myatt (Corporate) and Paralegals Liberty Jones and Phoebe Hart (Corporate).
Compass Group is a valued client with Osborne Clarke having advised the Group on its acquisitions of food technology start-up Feedr and purchase to pay solutions and supply chain management company e-foods as well as on its joint venture in Peppermint Events.
Osborne Clarke’s Corporate team is considered a go-to practice for many companies in the retail and consumer sector, working with global businesses to fast-growth start-ups and market challengers. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.
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