Macdonald Henderson has advised the shareholders of Scotland’s leading sandwich manufacturer & distributor – PJ’s Foods – to the UK’s largest, independent, national supply food to go manufacturers – Tiffin Sandwiches.

PJ’s Foods was established in 1996 and produces sandwiches, pasta and salad bowls. It supplies to the NHS, schools, universities, in-flight caterers and sporting events across Scotland and the north of England.

Tiffin Sandwiches is one of the UK’s largest food-to-go manufacturers, distributing products to over 4,000 locations nationwide. The acquisition strengthens Tiffin’s production and distribution capacity in Scotland thanks to PJ’s Foods’ purpose-built factory which outputs up to 90,000 products per week.

Tiffin Sandwiches’ director Mark Salisbury said:

“This strategic move adds to our current facilities in England and Wales and strengthens our commitment to delivering quality products throughout the UK.”

PJ’s Foods’ lead advisory services were provided by Consilium, specifically corporate finance partner Linzi Wilson and manager Colin McCrann.

Macdonald Henderson’s deal team was led by Laura McKnight.

About Macdonald Henderson, PJ director Julie Smith commented:

“We would like to thank Laura McKnight and the team at Macdonald Henderson for their exceptional support during the sale of our business.  After 30 years as Directors, this was a major step for us, and their calm, professional guidance from beginning to end made all the difference.

They were responsive, clear and thorough throughout – particularly during the Share Purchase Agreement and guided us step by step.  We always felt they had our best interests at heart, and their steady advice helped us navigate the process to a successful outcome.

Thanks to their expertise, the sale was completed smoothly and within deadline and Laura’s strong advice and support was paramount throughout the transaction for both parties involved.

Macdonald Henderson were  recommended to our Company and we wouldn’t hesitate to recommend them to others considering a business sale”.

We are pleased to have advised the PJ’s shareholders on this milestone transaction, and wish the combined business, management team and all stakeholders every success for the future.

Advisors to the deal:

Sellers – Macdonald Henderson (legal), Consilium (corporate finance and tax)

Buyer – Andrew Jackson (legal); Clive Owen (corporate finance)