The Real Yorkshire Pudding Company sold to Go2 Foods

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Clearwater Advisor

Clearwater International has advised the shareholders of The Real Yorkshire Pudding Company (RYP) on its sale to Go2 Foods, a newly established investment vehicle.

Founded in 1991, RYP supplies many of the major food retailers and national wholesalers as well as other food manufacturers. The business has recently introduced a gluten-free range and produces about 100 million puddings per annum from its 43,000 sq ft factory in Thorne, near Doncaster.

Go2 Foods was founded by experienced food industry executives Paul Simmonds and Rob Davies, the former CEO and co-founder of UK snacks group Glisten.

The deal is a combined buy-in buy-out as shareholder Charles Payne is maintaining his shareholding, re-investing in Go2/RYP, and will continue in his role as managing director. Founder Paul Holmes and his wife have both exited the business as part of the deal.

Partner Paul Newell and Director Rob Burden advised The Real Yorkshire Pudding Company on the sale.

“Thanks to Rob & the team for their assistance and advice over the last few years. The support and dedication we have received has been excellent, at times going beyond the call of duty. The team’s professional and pragmatic approach achieved an impressive result for us and we would happily recommend them.”

Paul Holmes, Founder, The Real Yorkshire Pudding Company

“Having spent more than 20 years growing The Real Yorkshire Pudding Company, this is a well-deserved result for Paul’s hard work. With the backing of Go2 Foods, the company is sure to continue expanding and we wish the new owners and the Management Team every success.”

Rob Burden, Director, Clearwater International