Eversheds Sutherland Ots & Co has advised Estonian seafood producer PRFoods on its EUR 14.5 million acquisition of 85% of the John Ross Jr Ltd. and Coln Valley Smokery Limited fish processing companies from the Leigh family.
Both companies are located in the United Kingdom. The sellers, who have been running the companies as a family business, retain 15% of the shareholding.
According to Eversheds, "JRJ is a leading seller of processed salmon with their head office in Scotland, which exports products to thirty countries. JRJ is leading global Scottish processed salmon company with sales in 30 countries and Royal Warrant Holder of the British Royal Family. Coln Valley Smokery is a most renowned artisan smoked salmon producer in the UK."
The Eversheds Sutherland Ots & Co team was led by Managing Partner Maivi Ots and included Senior Associate Lauri Liivat and Counsel Kerttu-Kaarina Tombak.
The firm did not identify counsel for the sellers.