Deal radar ·
UK: Foresight backs management buyout of Strathmore Foods
Food manufacturing / ready meals
Foresight Group has backed a management buyout of Strathmore Foods Limited, the Forfar chilled and frozen ready-meal maker founded in 1973 that employs more than 115 people and produces about 15 million meals a year under brands including McIntosh of Strathmore.
News: A Scottish family food manufacturer takes regional PE into an MBO, with the family keeping a minority stake and a new MD from the sales bench.
Why it matters: UK mid-market PE remains active in branded food manufacturing where management can drive retail, foodservice and contract growth.
Radar: Watch for further Scottish and regional UK food MBOs backed by growth-oriented PE.
People involved
- Julie Nisbet – Owner.
- Neil MacRae – Management.
- Mark Steven – Management.
- Ryan Finesy – Buyer.
A name here does not mean that person signed the purchase agreement.
Source: Foresight Group, 11/05/2026.
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