Dr. Schär UK, a pioneer in the production of gluten-free food products, has announced its 100% acquisition of Glasgow based allergen-free, fresh bread manufacturer, GDR Food Technology Ltd.
The acquisition provides Dr. Schär with its first UK production plant and entry into the UK fresh bread sector. The launch of fresh bakery products will complement the company’s current assortment and support the manufacturer in achieving its strategic objective of bakery leadership.
Commercial law firm Hill Dickinson advised Dr. Schär on the acquisition, fielding a team led by partner and head of its Liverpool Corporate team, Matt Noon, legal director Elan Iorwerth and associate Ben Correia de Sousa.
Dr. Schär’s acquisition of GDR marks a significant step in the company’s development and coincides with the growth in consumer demand for gluten-free fresh bakery products. It’s been a pleasure to work alongside the management team at Dr. Schär to achieve the successful conclusion of this deal and we wish the expanded company every success.Matt Noon
Partner and head of Liverpool office, Hill Dickinson
Bradley Grimshaw, managing director of Dr. Schär, added:
“Matt, Elan and Ben did a fantastic job for us on the transaction. Very proactive, efficient and commercial, and it was great to work with them on what was an important strategic acquisition for the Group.”
Already the UK’s No 1 gluten-free brand, Dr. Schär has been improving the daily lives of people with specific dietary needs for 100 years. The company operates 16 sites in 11 countries and offers a wide and diversified range of gluten-free products and foods for customers with special dietary needs.