£300m Debut Fund to Transform UK Food Supply
Isara, a food sector-focused investment specialist based in Leeds, has launched a £300m fund with the goal of improving efficiency, quality and sustainability across UK, Ireland and Western Europe food supply systems.
Isara Ventures is focused on food production and distribution businesses with the ultimate goal of transformation in the existing food ecosystem. With this investment, Isara will help to ease the burden of rising inflation, the Covid-19 pandemic, labour shortages, and a heightened focus on sustainability.
Michael Rice leads the team of investors, who have extensive experience working with businesses and management teams in the food industry. These include Eight Fifty Food Group, Orchard House Foods, Chaucer Foods, West Cornwall Pasty Co., Heron Foods and Seabrooks.
The Sadel Group, a private family office which invests in Real Estate, Cold Storage and Energy sectors primarily based in the UK & Western Europe, is the backers of this fund.
Isara is committed to mitigating the carbon footprints of their portfolio companies, implementing exemplary governance standards, propelling leadership teams and workforces, and kindling sustainable growth..
“At Isara, our fund will be used to champion increasing the efficiency and sustainability of food systems, seeking to address the challenges of long-term underinvestment, labour supply challenges, supply chain security and sustainability” said Michael Rice, partner at Isara.
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