London-based private investment firm, Flywheel Partners, has announced its majority stake in UK plant-based ingredient provider, Freshcut Foods. This acquisition comes after another private equity firm, Perwyn, acquired a controlling majority stake in Freshcut Foods in 2018. Freshcut Foods supplies over 300 plant-based ingredients to foodservice operators, food manufacturers, and business-to-business clients in the UK. With three manufacturing facilities in Nottingham, the company has experienced strong growth and solidified its position as the market leader in recent years.
CEO of Freshcut Foods, Chris Copestake, expressed excitement about partnering with Flywheel in the next stage of their growth journey. He mentioned the company’s commitment to providing customers with natural plant-based food solutions through industry-leading innovation. Flywheel Partners, with their experience in the food sector and strong cultural fit, is seen as the perfect partner to help drive Freshcut Foods’ development in the years ahead.
Flywheel highlighted the significant investment made in capacity and efficiency initiatives to support the company’s growth. As the rise in flexitarianism continues, with consumers incorporating more vegetables and plant-based products into their diets for health, sustainability, and financial reasons, Freshcut Foods has positioned itself to benefit from this trend.
In the ever-evolving food and beverage industry, staying updated on the latest trends and innovations is crucial. Food and beverage industry trends, food manufacturing trends, food processing technology, food distribution trends, food and drink industry innovation, food and drink sustainability, food and drink regulations, food and drink packaging, food and drink marketing, and food and drink consumer trends are all essential areas to monitor for businesses in this sector.
By staying informed about the latest industry developments and leveraging the expertise of partners like Flywheel, Freshcut Foods is well-positioned to continue providing their customers with high-quality plant-based food solutions.