News - South West

Glynn plumps for Windyridge Cheese

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Windyridge Cheese, based in Wincanton, has been bought by entrepreneur Melvin Glynn.

Managing director of Burt's Chips, Glynn, purchased the company from existing owners Richard Harvey and Melanie Smith for an undisclosed sum.

Glynn said he was "looking for a new challenge" and had identified Windyridge Cheese as a business "ripe for growth".

Harvey and Smith had formed the company in 2002, specialising in processing and wholesaling flavoured cheese as a sideline to their farming business.

Peter Lugg and Alison Bradshaw of Monahans Corporate Finance provided financial backing and tax advice on the deal.

"This acquisition gives the team the opportunity to build on a great small business, utilising all their skills and experience in the food industry," said Lugg. "We look forward to seeing Windyridge cheese on many supermarket shelves in the near future."

Glynn has headed up Devonshire crisp supplier Burt's Chips since January 2011. Prior to that he worked for more than a decade at cheese company Ilcheste, helping grow the company's turnover from £6.5m to £32m.

London-based Oghma Partners completed the financial due diligence on the deal.

 
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