Clairfield advises on acquisition of Geary’s Bakeries

Geary’s Bakeries Ltd was established in 1906 and has remained family-run throughout four generations. It has experienced significant growth over the past few years resulting in GBP 15 million of investment in 2018 into a new, purpose-built factory in Leicester to keep pace with demand. Geary’s supplies a range of award-winning bloomers, loaves and sourdough breads to supermarket retailers as well as food manufacturers delivering turnover in excess of GBP 30 million.

Clairfield was retained as the exclusive corporate finance advisors to the Unsworth Family over an 18-month period, helping to originate and invest into high-quality manufacturing businesses within the food sector. Geary’s was identified as a fantastic investment opportunity due to the Company’s reputation supplying award-winning artisan breads and its unique market position. Owner and managing director Jason Geary will continue to remain in the business in his current role following the Unsworth Family’s investment.

“With their experience in the food and consumer sector, Clairfield identified a number of high-quality businesses with the attributes we were looking for. Geary’s is a fantastic investment opportunity due to its’ focus on quality artisan product and Jason’s ambitious plans for the company. We are excited to work with Jason and the team at Geary’s to help continue the business’s growth.”– Rob Unsworth, Unsworth Family Investments