CMS advises on Allplants sale to Fleury Michon
CMS has advised Mills Partners Ltd, owned by Matt and Ella Mills, on the sale of All Plants Ltd, the owner of plant-based food business Allplants, to French food manufacturer Fleury Michon.
The transaction represents the latest chapter in CMS’s longstanding relationship with the Mills family. CMS has advised Matt and Ella throughout the development of their food businesses, including the sale of Deliciously Ella in 2024. Allplants was spun out separately ahead of that transaction.
Matt Mills, Group CEO, said: “After our sale in 2024, it was great to get the CMS team back together to work on this latest sale for Ella and me. This was a compressed timetable, and David and Carys worked tirelessly to get the transaction over the line. We are now looking forward to growing our soup manufacturing business, distribution operation, and media business and seeing where that journey takes us next.”
David Roberts, Partner and Head of Leisure at CMS UK, said: “It is fantastic to see Matt and Ella’s entrepreneurial spirit deliver once again. They have a real knack for developing the right brands and food offerings at the right time, and it has been a huge pleasure to see them grow and exit two businesses. I have a sneaking suspicion this won’t be the last. My thanks to Carys and the wider CMS team for helping to deliver the transaction on an exceptionally compressed timetable.”
The CMS team was led by David Roberts and included Carys Holland and Esha Adair (Corporate); Rebecca Stewart and Adelina Frunza (Tax); Sarah Ozanne and Emily Flynn (Employment); Cathy Wears, Catherine Merry and Amber Piercy (Share Schemes); and Tom Siggers (Banking & Finance).
With over 300 experts in 43 countries, CMS’s international Hospitality, Travel & Leisure team advises on M&A, financing, development & construction, leases, management and franchise agreements and tax structuring. In addition to advising investors and lenders, the firm also advises operators, brand owners, administrators, construction companies and technology providers.
