Clearwater International UK advises Seabrook Crisps on its refinance
Clearwater International UK has advised Seabrook Crisps Ltd (Seabrook), backed by private equity firm LDC, on its €25.7m (£23.5m) refinance, with funding provided by Apera Capital.
Established in 1945, Seabrook produces a range of crinkle cut, straight cut and premium lattice crisps, at its headquarters in Bradford, Yorkshire. The company supplies over 20 million bags of crisps each month and has a strong position as the major challenger brand in the category in grocery retail, value retail and foodservice.
Pan-European mid-market private debt investor Apera, is providing unitranche facilities which will support Seabrook in continuing its growth strategy, including further investment in product development.