The acquisition of The Soho Sandwich Company adds more than 300 employees to Around Noon’s headcount, as well as a new north London, state-of-the-art production facility, and a range of new blue-chip clients.
The Soho Sandwich Company will continue to operate under its own brand within the Around Noon Group, and will continue to service its existing multi-sector portfolio of customers across food service, retail, events and hospitality.
The company will also continue to be managed by its existing managing director Daniel Silverston, who announced the deal in London this week.
Gareth Chambers, chief executive of Around Noon Foods, says that the acquisition will cement the group’s position as a leading national supplier of premium food-to-go products.
“We’ve been admirers of The Soho Sandwich Company for some time. The business has a strong reputation for quality, excellence and innovation. This represents a fantastic opportunity for all involved due to the incredible alignment in terms of our values and core purpose.”
Howard Farquhar, Around Noon chairman, added: “This deal will enable Around Noon to continue to scale and grow and moves the business closer to its £100m revenue target.
“This deal is the third acquisition to have occurred since Gareth and I completed the management buy-out in 2016. It is also a significant opportunity for the team at The Soho Sandwich Company and their existing customers.”
The Soho Sandwich Company has been in business for more than 23 years. It was founded as a small coffee shop in North London. Today it manufactures and distributes more than 15m sandwiches every year around the UK.
Daniel Silverton of The Soho Sandwich Company, said: “Around Noon is in our view one of the most innovative and exciting food-to-go companies in the UK. The opportunity to become part of the Around Noon Group is a huge win for our business. There are great synergies in terms of ambition and culture and the move is extremely beneficial, for our team and our customers.”
Around Noon was founded in Newry, Northern Ireland over 30 years ago and produces an extensive range of chilled, hot, frozen & bakery products from five manufacturing sites across UK and Ireland.