EPP has been supplying plant and equipment from leading specialist European manufacturers to British and Irish bakers for nearly 40 years. The team of highly skilled, factory trained field engineers have installed and maintained equipment in most of the country’s biggest and most successful bakery businesses.
SamCorp has enjoyed a long association with EPP as Peter Samuels advised previous owners Keith Stalker and Josie Mitchell on a private equity backed MBO in 1997. Peter has continued to be involved as non-executive chairman to the present time, when he led the recruitment of Managing Director Steve Merritt around 18 months ago and subsequently structured the VIMBO. Allied Irish Bank provided a funding package to support the VIMBO led by Steve and his team Stewart Morris, Melissa James and Roger Mott.
Keith and Josie are taking a step back from the business but will provide ongoing support to the management team continuing as directors and minority shareholders.
Steve Merritt, Managing Director of EPP commented,
“Darren Hurdle of SamCorp was instrumental in us achieving this result. He ensured we were providing the right information, in the right format, to the right people, at the right time so that we were able to clearly articulate our ambitions for the business and ultimately gain the support of the funders. His links to local professional services and the wider finance groups was extremely important to us as well. I enjoyed having him working alongside us, guiding us through the process in a way that was encouraging and helpful without resorting to jargon.”