Transaction
Set Meals
The deal, brokered by Meta Corporate Finance, the specialist corporate finance adviser based in Pembury, near Tunbridge Wells, sees Bill Philps become chief executive at Set Meals, alongside Neil James the company’s existing operations director. Bill Philps was previously chief executive of the cleaning and catering division of the Bateman Group, the contract catering specialists.
Set Meals has been established for over fifteen years and, while based in London, its staff travels all over the country and overseas catering for film and television production units. Employing more than forty people, the business operates eight fully equipped and professional mobile kitchens.
The company, which counts many significant film and television productions amongst its credits, has worked on television shows such as Jonathan Creek, and Two Pints of Lager and a Packet of Crisps together with films such as Saving Private Ryan and Captain Corelli’s Mandolin. For the filming of Captain Corelli’s Mandolin, there was a Set Meals catering unit on location in Cephalonia for three months.
Commenting on the deal, Bill Philps said, “Meta’s close and effective input enabled us to complete this purchase and we are delighted to have bought Set Meals. We believe that running a cheerful catering team, coupled with healthy and interesting menus, is the fuel that helps keep the British film industry running and we plan to further grow our business with that philosophy.”
Client:
Set Meals
Service:
- MBOs/MBIs
Region:
UK
Sector:
- Food & Beverage/Leisure & Tourism
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