Burges Salmon has advised Colian Holding SA, a Polish confectionery producer and distributor, on the acquisition of Bristol based chocolatier, Elizabeth Shaw, from Norwegian fund Imagine Capital AS.
Corporate finance partner Dominic Davis and corporate finance associate Corrine Harries led the Burges Salmon cross-firm team.
Colian Holding SA is a company based in Poland that specialises in the confectionery sector. It is principally engaged in the production and wholesale of sweets, as well as rendering food production services. The company's product range comprises approximately 250 products, including nuts, wafers and bars, biscuits, jelly products, plums in chocolate, candies, spices, nuts, raisins, almonds, delicacies and tea.
Dominic said: “We are delighted to have assisted Colian with its first acquisition in the UK confectionery market, which forms a key part of its growth strategy. We hope to build on our relationship with both Colian and Elizabeth Shaw, reflecting our strong presence in the food and drink sector.”
Founded in 1881, as H.J. Packer, in Armoury Square, Bristol, Elizabeth Shaw provides chocolate-based confectionery, including the well-known brands Famous Names chocolate liqueurs and Elizabeth Shaw after dinner mints.