Bridges Ventures invests in Vegetarian Express
The Bridges Sustainable Growth Fund III, managed by specialist sustainable and impact investor Bridges Ventures, has announced its investment in Vegetarian Express, a specialist supplier of plant-based food ingredients. BCMS acted as lead advisor to the shareholders of Vegetarian Express.
Bridges has invested £5.6m to take a controlling interest in Vegetarian Express. It will work in partnership with current shareholders David Jonas (founder of the business in 1987) and Will Matier, both of whom will remain actively involved with the business. In addition, Tim Kelly, former COO of Premier Foods, joins Vegetarian Express as Executive Chairman.