September 10, 2021
From Vegconomist
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Portuguese conglomerate has this week acquired Claybell Limited, owner of , known in the UK for its range of vegan sausages, burgers and falafels. The deal is reported to have taken place for around £64 million via Sonae Food4Future.

According to , Gosh recorded a normalised turnover of £22 million for the year ending in May 2021 and the company will continue to be managed by the current team, who will hold the remaining 4.6% minority stake. Sonae states that the acquisition is in line with its active portfolio management strategy.

Gosh sausages
©Gosh

The take-over was with estimates of £50 million and the deal has been finalised for a substantially larger sum as demand for plant-based products continues to in the UK. The last August for a new 17,000 square foot factory to keep up with demand.




Source: Vegconomist.com