Kiril Mischeff, a seasoned player in the UK’s food sector, has recently expanded its portfolio by acquiring Annessa Imports Limited.
- Known for its global sourcing of high-quality foods, Kiril Mischeff sees this acquisition as a strategic move to diversify its offerings.
- The addition of Annessa Imports, a supplier of Italian delicacies, aligns with Kiril Mischeff’s growth objectives.
- Leadership from both companies expressed enthusiasm about the synergies and future prospects this merger brings.
- Schofield Sweeney provided comprehensive legal assistance to ensure the acquisition’s timely and effective execution.
Yorkshire-based legal firm Schofield Sweeney has played a pivotal role in advising Kiril Mischeff on its recent acquisition of Annessa Imports. This acquisition marks a significant milestone for Kiril Mischeff, a company with over 90 years in the food industry, known for sourcing high-quality foods from around the world.
Kiril Mischeff’s acquisition of Annessa Imports, which supplies Italian foods to UK shops and restaurants, presents new opportunities for the company to diversify its product line. Dimiter Mirchev, the group managing director, expressed a warm welcome to Annessa Imports and highlighted the potential for future synergies that this merger is expected to bring.
Domenico Annessa, one of the founding directors of Annessa Imports, echoed this sentiment, expressing excitement about collaborating with an established and respected business like Kiril Mischeff. He noted his anticipation of enhancing the product offerings for both existing and new customers.
Schofield Sweeney, with offices across Leeds, Bradford, and Huddersfield, is known for its wide range of legal services. Saby Sambhi led this transaction, ensuring it was completed efficiently and before the Autumn Statement, a timing crucial to both parties.
The legal firm’s approach included specialist support from its real estate and employment teams, allowing for a seamless integration of Annessa Imports into Kiril Mischeff’s structure. Sambhi expressed eagerness to assist with the implementation of Kiril Mischeff’s growth plans as they integrate Annessa Imports.
This transaction underscores Kiril Mischeff’s commitment to its strategic expansion within the food industry.
