Harper Macleod advises on double acquisition of bakery businesses in Aberdeenshire
Harper Macleod’s corporate team has advised Beecatcher Pte Limited, a Singapore based company, on its acquisition of Byron Bakery Ltd in November 2020.
Operating since the 1950s, Byron Bakery is a well-known bakery and retail store based in Aberdeen which has developed an extensive customer base and a reputation for exceptional quality over the years – particularly for its award winning butteries.
Following the acquisition of Byron Bakery, the business looked to expand and sought additional bakeries within Scotland. In May 2021, Harper Macleod subsequently advised Byron Bakery on its acquisition of the business and assets of Chalmers Bakery Limited in Ballater. Chalmers Bakery is known throughout the region of Aberdeen for its bakery goods, including the iconic Balmoral Bread.
The acquisition of Chalmers Bakery involved the Harper Macleod team assisting with the process for transferring a royal warrant of appointment which had been issued to Chalmers Bakery. A royal warrant of appointment is a mark of recognition of those who have supply goods or services to the households of The Queen or The Prince of Wales and allows the holder to display the relevant royal arms in connection with their business.
The firm’s team advising on both acquisitions was led by Paul Macdonald (partner – corporate) with support being provided by Hannah Grace (solicitor - corporate). Specialist input on employment and real estate aspects was provided by Scott Milligan (partner - employment) and Andrew Kerr (senior associate - real estate).
Fraser Clarkson, director of Byron Bakery Ltd, said: “Paul Macdonald helped guide Beecatcher Pte and Byron Bakery through two key transactions for our operations in Scotland. It was good to work with Paul and his team, and I would recommend Harper Macleod to others.”