“We have greatly enjoyed working with Cavendish over the past few years. As a family owned business, we definitely needed good advice and we felt very well supported by the team at Cavendish. I never imagined we would end up with an Estonian buyer but it is clear that there is an excellent fit with PR Foods, which will be good for the business, our customers and suppliers and for Chris and...Andrew Leigh | Founder and Shareholder of John Ross Junior (Aberdeen) Limited
I’d like to warmly congratulate Jonathan Buxton, Michael Jewell and the team at Cavendish on the successful sale of Tristar Worldwide Ltd to the Addison Lee Group. I’d like to place on record our gratitude for their international reach, sound advice, good humour and professional service which was greatly appreciated by all parties. It was a real pleasure to work with them on this...Andy Nash | Chairman of Tristar Worldwide
“It was a great pleasure to be working with Cavendish again, following the Aurum sale process. The Cavendish team worked hard and were very committed to achieving the best result for the shareholders and then closing the deal. I am delighted to be partnering with Freshstream, who are the ideal partner to take Radley onto the next...Justin Stead | CEO of Radley
Over the years we have had numerous suitors, but the wise guidance of Jonathan and Howard at Cavendish, surely the most astute of advisors for the selling of luxury businesses, has always been there to help us determine the most fitting acquirers. Their understanding of my belief, that to own New &Lingwood, is only a temporary curatorship of this unique company, and their appreciation of the...Anthony Spitz | Chairman of New & Lingwood
“Cavendish demonstrated a very good knowledge of luxury brands which, along with their private equity expertise, enabled them to find the perfect partner for Scott Dunn. The proof is in the result though. The deal terms achieved and transaction timing fully met my expectations. I would gladly recommend them to other business...Andrew Dunn | Founder & President of Scott Dunn
“Does exactly what it says on the tin… You should choose your advisors very carefully, based on personality (could I work with them) and importantly their past performance. The best testimonial I could ever give to Jonathan and Anya at Cavendish is that I had the best team to support and advise me and my management team and I would definitely use them again! If you choose to work with them...Neil Cooper | Founder and Chairman of Coopers of Stortford
I am entirely confident that Raleigh has found the ideal buyer to support the employees, customers, suppliers and the future growth of the...Alan Finden-Croft of Raleigh Cycle Limited
“Cavendish provided excellent support in helping take our business to the next stage. By bringing in a private investor with international experience, we are well positioned to execute our growth...Dean Dunham|Chief Executive of Baby Zilli
“This is a great outcome for both the shareholders and the ongoing management team. The closer we have got to Vestey the more we have seen how they share the same values as Donald Russell, which bodes well for the future. It was very impressive to see how Cavendish handled the auction process and used their international network to talk directly with purchasers around the world. You stayed...Hans Baumann of Donald Russell
Groupe Rush, which operates the brands Maison Pradier and Roberta, has been acquired by La Croissanterie, a leading fast food restaurant chain in France. Financial details have not been disclosed.
Groupe Rush operates around 25 casual restaurants in Paris under the Maison Pradier and Roberta brands. Founded in 1859, the French bakery Maison Pradier has diversified and now sells a complete range of snacks which vary from one season to the next. Sandwiches, salads, daily specials and smoothies now complement its traditional range of cakes and pastries, including the Maison Pradier chocolate eclair, voted best in Paris by Figaroscope in 2015. Roberta is a traditional trattoria serving North Italian cuisine.
Created in 1977, La Croissanterie is a leading player in the French style fast food market with a network of 300 outlets. It provides a wide and diversified offer from breakfast to lunch and snack (pastries, sandwiches, salads, desserts, hot and cold drinks). La Croissanterie has developed a strong and historical franchise partnerships with leading oil companies such as Total, with food and beverages outlet operators such as Casino and Autogrill, and also with Elior, Relay, Avia and SSP, which are the main retail operators in train stations and airports. The combination of the three brands is expected to generate revenues of over US$170 million.The transaction has been backed by CM-CIC Investissement and GIMV, which had taken a majority stake in La Croissanterie in 2017 through a buy-out operation.
Oaklins’ team in France advised the seller in this transaction.