Law firm advises on food group’s flotation

Black Country law firm George Green has advised food manufacturer and supplier, Bakkavor Group on its flotation on the London Stock Exchange.

The firm advised the group’s controlling shareholder Milu Trading, together with founding directors Lydur and Agust Gudmundsson.

The IPO saw the company take its place on the LSE with an initial market value of just above £1bn.

Bakkavor is a leading manufacturer and supplier of fresh prepared food. The company’s products, which are prepared ready to eat, ready to reheat or ready to cook, cover a huge range including bakery and pastries through to vegetables and fruit.

Bakkavor’s core market is the UK but it supplies countries further afield as well the United States and China.

George Green corporate partner, Guy Green said: “I have worked closely with Agust and Lydur,  who founded and made  Bakkavor what it is today for over 17 years and am proud to be involved with the IPO which represents yet another major milestone in the Bakkavor story.”

George Green has offices in Cradley Heath and Wolverhampton.