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Perfect Redd
With over 120 years of working with a wide variety of food products, we’ve accumulated a wealth of knowledge from pigs to pies to plant-based.
Perfect Redd
With over 120 years of working with a wide variety of food products, we’ve accumulated a wealth of knowledge from pigs to pies to plant-based. Our aim is to create a perfect environment for your business to not only grow, but thrive.
General information
Firm type
Private Equity
Year founded
2021
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
Leicester
Corporate office
Leicester, United Kingdom
Principals
Mark Samworth
Director
William Kendall
Director
Simon Wookey
Director
Hannu Ryopponen
Director
Paul Short
Investment Director
Sector focus
Frequently asked questions
Who runs investment decisions at Perfect Redd?
A four-person board of directors — Mark Samworth, William Kendall, Simon Wookey, and Hannu Ryopponen — governs investment approvals. Day-to-day deal execution and portfolio support are led by Investment Director Paul Short, a chartered accountant who spent a decade in UK corporate finance before joining Samworth Brothers.
How is Perfect Redd structured relative to the Samworth Brothers operating company?
Perfect Redd is an investment fund wholly contained within the Samworth Brothers Group. It is not a standalone legal entity or a third-party fund. This means portfolio companies receive direct access to Samworth's manufacturing facilities, cold-chain logistics, and supermarket relationships, but also that Perfect Redd's investment horizon and exit decisions are tied to the parent group's strategic priorities rather than an independent fund life.
What does Perfect Redd look for in a food business?
The firm backs purpose-led, entrepreneurial food companies where Samworth Brothers' operational heft can accelerate growth. Its disclosed portfolio tilts toward three themes: plant-based alternatives to meat and dairy, functional foods targeting specific medical needs, and digitally native brands that bypass traditional supermarket category rules. It explicitly avoids lab-grown proteins, favoring minimally processed natural alternatives like tempeh.
Does Perfect Redd take majority stakes or board seats?
It takes minority interests and routinely places a Samworth Brothers executive as a non-executive director on the investee board. For example, Group Technical Director Sarah Wood joined the Field Doctor board, and Supply Chain Managing Director Paul Bennell joined Urban Legend. The firm states it does not intervene operationally day to day, instead offering support when founders request it.
Which sectors does Perfect Redd explicitly avoid?
The firm has not publicly declared any sector-level exclusions, but its portfolio and statements indicate no current appetite for lab-cultured meat, synthetic biology, or alcohol brands. Its focus is firmly on products that can be manufactured and distributed through Samworth Brothers' existing chilled-food infrastructure, which implicitly filters out non-food categories and asset-heavy hardware plays.
What exit paths have portfolio companies taken?
No exits have been publicly recorded as of mid-2026. The firm's initial investment was in July 2021, so the portfolio is still maturing. The parent group's structure suggests exits could take the form of a trade sale to a strategic food buyer or, potentially, full acquisition by Samworth Brothers if a brand reaches sufficient scale.
Is Perfect Redd open to external co-investors in its rounds?
The firm has not disclosed its co-investment policy publicly. Given its status as a fully captive group vehicle, rounds to date appear to be entirely self-funded by Samworth Brothers. No external GPs or institutional co-investors are named in any of the seven disclosed portfolio companies.
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