Birmingham law firm Wragge & Co has announced the completion of two major deals.
The Colmore Row firm has advised Premier Foods on a multi-million pound outsourcing deal days after the £182 million sale of its canned grocery operation.
The contract comes after Premier Foods announced the sale of a major operation including a number of famous brands such as Crosse & Blackwell, Fray Bentos, Farrows and Smedleys, to Princes.
Under the new ten-year outsourcing agreement, supply chain management business IESA will manage engineering stores at ten of the company’s UK sites and also supply procurement services to its other locations.
Commercial partner David Lowe led the deal working with Premier Foods’ head of indirect procurement Phil Perry.
Mr Lowe said: “In working with Premier Foods on this deal we were able to combine our strong food sector expertise and broad experience in commercial outsourcing.
"Having been appointed to Premier Foods’ full-service legal panel last year, it was great to be involved in this project and further extend our relationship. Providing more than just legal expertise our experts worked with the client team to ensure the project delivered on all its key commercial goals.”
In the second deal, Wragge & Co’s Real Estate group announces the completion of a landmark deal for the Northern Ireland Local Government Officer’s Superannuation Fund, managed by LaSalle Investment Management.
The proposed scheme is believed to be one of the first major developments of industrial space in Greater London for several years.
The deal saw the fund acquire a seven-acre site for development in Tottenham. Subject to planning approval, the site will be developed by Curtis Real Estate to create seven units for let, ranging from 10,000 to 52,000 square feet.
The site was previously owned by electrical supplies company Bridisco, which went into administration in 2008.