Fairoak Foods has been bought out of administration. Joint directors from enterprise advisory agency Quantuma have delivered the sale, preserving 60 jobs within the course of.
Based in 2011, Fairoak Foods is a producer of high-quality chef led meals starting from vegan soups to pasta and stews, specialising in premium small batch cooking. The corporate providers each premium retail and premium meals clients, working in shut partnership with main retailers, manufacturers, and meals service operators. Its end-to-end capabilities embody product improvement, sourcing, manufacturing and provide chain administration. The corporate takes a chef-driven method to innovation, guaranteeing restaurant-quality meals is delivered at scale.
The premium private-label meals producer primarily based in Woking, Surrey, fell into monetary difficulties amid a turbulent food and drinks market and declining financials.
Appointing Quantuma’s Kelly Mitchell and Alyson Richards as joint directors on the finish of March 2026, the corporate continued to commerce whereas a purchaser was looked for the enterprise and belongings.
Fortuitously for the agency’s 60 employees, the specialists managed the gross sales and advertising and marketing course of rapidly, serving to Fairoak Foods to determine essentially the most appropriate purchaser utilizing the agency’s intensive community of patrons and traders. The joint directors finally accepted the provide which supplied the perfect general end result for collectors while defending all jobs.
Mitchell stated, “I’m extremely happy to finish the sale of this premium private-label producer of high-quality meals. We have been in a position to run a complete gross sales course of at once and thereafter accomplished a sale inside simply eight weeks, and I’m delighted that the Quantuma workforce was well-placed to make this occur.”
Source link
#Quantuma #delivers #sale #Surreybased #Fairoak #Foods
