Business News

Oxford: One Event Management gets Absolute Taste

Published by
TBM Team

Accountancy firm Shaw Gibbs has assisted One Event Management with its acquisition of Lyndy Redding and McLaren Technology Group’s award-winning event-design company Absolute Taste. The move will see the creation of what has been called “Europe’s foremost luxury event design company.” 

Shaw Gibbs’ corporate finance team supported One Event Management throughout the acquisition, providing financial due diligence services and advice on commercial and tax aspects of the transaction. 

Neil MacLaurin, chairman of One Event Management, said: “We couldn’t be more pleased that Lyndy and her team will be joining forces with One Event Management. Absolute Taste marks the best of the best in food design and hospitality, and is a fantastic fit. We’re busy planning this year’s events and our new team is sure to knock creativity out of the park to create some phenomenal customer experiences.”

One Event Management has been a client of Shaw Gibbs since 2009. Based in Oxfordshire, the group oversees a wide portfolio of businesses in the event-catering and hospitality sector.

London-based Absolute Taste operates across a broad spectrum of hospitality services including restaurants and cafes, private-jet catering, events, fixed-site contracts and performance sports including F1 hospitality. As a result of the deal, Absolute Taste and One Event Management’s premium catering brand Mecco will re-brand to operate under the Absolute Taste name. It will continue to provide quality food at the group’s restaurants, cafes and events. 

One Event Management comprises Mecco, F3, the Muddy Duck Pub, Unbranded, Fresh Air and Fresh Start. Absolute Taste was founded in 1997 to provide hospitality to the McLaren F1 team.

 

TBM Team

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