January 9th, 2024 Press Release

Kingswood Corporate Finance successfully advises on the refinancing of Community Foods, a market leading manufacturer and supplier of dried fruits and nuts

Community Foods Limited completes successful refinancing of a £17m working capital facility with Praetura Commercial Finance

We are delighted to have been able to support Community Foods Limited refinance its asset-based lending (ABL) facilities.

Community Foods, recently acquired by Vesta Group (a significantly supplier to Community Foods), mandated Kingswood Corporate Finance to find a new lender to refinance its working capital facilities to support the combined business on its next phase of growth of becoming a significant new player in the UK and European market.

For 40 years Community Foods has been engaged in the importing of a variety of dried fruits, nuts and seeds for sale into the health food market and more recently into major food manufacturers and retailers. The business is well respected by its peers and customers, particularly with respect to organic produce.

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