Strong Roots seeks to weed out US shareholder in multimillion-euro deal

A bitter dispute has been settled and the Irish food company says it is attracting ‘overwhelming’ interest from alternative investors

24th October, 2021
Strong Roots seeks to weed out US shareholder in multimillion-euro deal
Sam Dennigan, chief executive and founder of Strong Roots, is on the verge of agreeing a multimillion euro deal to remove Goode Partners as a minority shareholder from the company. Picture: David Sexton

Strong Roots, the Irish plant-based frozen food company, is on the verge of agreeing a multimillion euro deal to remove Goode Partners as a minority shareholder from the company, the Business Post has learned.

The move is expected to be announced in the coming weeks and will involve Goode Partners, a US-based private equity fund, offloading its 38 per cent stake to a new investor following a bitter shareholder dispute with Sam Dennigan,...

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