Freshcut Foods, the Beeston-based fruit and vegetable supplier, has been sold in an MBO backed by London investment firm, Perwyn.
The business was acquired from its owner managers Adam Clarke and Peter Clee with the intention of supporting its future growth prospects.
Freshcut Foods employs about 250 members of staff across two manufacturing sites near Nottingham.
Heinz Holsten, Perwyn Partner, said: “We are delighted to be partnering with Freshcut as we help support the next chapter in its growth story. Freshcut is well placed to enable its customers to provide healthier products that consumers are increasingly seeking out.”
David Bondi, Freshcut Foods CEO, said: “I am delighted that we will be working with Perwyn for the next phase of Freshcut’s development.
“We will continue to work with customers and suppliers in the same way as we always have, to the mutual benefit of all, including the growing number of Freshcut employees.”