Three former Exeter students have sold a chunk of their healthy food business to Nestlé.
Global giant Nestlé now has a majority stake in Mindful Chef with Exeter School alumnus, Harry Trick, acting for Mindful Chef and certain stakeholders on behalf of Michelmores.
CEO of the company Tim Lee will continue to run the Mindful Chef business but will now have the additional support and capabilities of Nestlé’s world-leading food business.
Co-founded in 2015, Giles Humphries, Myles Hopper and Rob Greig-Gran came together after finishing Exeter School to create Mindful Chef.
Mindful Chef is a B Corp certified healthy recipe box and prepared frozen meals company.
Some of their healthy meals include: Korean-style steak, pickled carrot & sesame rice, Italian sundried tomato & beef stuffed peppers and Chicken & mushroom stroganoff with pesto mash.
They’ve become extremely popular over the five years they’ve been running and have shipped over 10,000,000 ingredients across the UK. They also grew their revenue from £8m to £50m in the financial year!
They state their approach is: “We don’t believe in meticulous calorie counting or following strict or faddy diets. We simply like incredible tasting, ethically-sourced ingredients that benefit you and your body.
“Instead of sending processed foods or cheap fillers with hidden ingredients that aren’t good for you, we choose to load our recipe boxes full of fresh produce that will help you look and feel your best.”
Harry said: “I have been good mates with the three of them since school, so it has been great to be able to play a small role in the company’s growth over the last five years and to witness what an incredible job they have done in building the business.”
Giles said: “We all met at school, albeit in different year groups, and have remained friends ever since. Our close bonds formed at school helped us work together as a team in developing Mindful Chef.”
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Upon their success, Giles and Myles have gone back to Exeter School to share their experience and expertise with the current pupils. Most recently, the duo returned to take part in the Lower Sixth Business and Enterprise Day, as part of Futures Week, which prepares pupils for life beyond school.
They also run a Q&A session during the lunch break for A level Business and Economic pupils, along with taking part in Young Enterprise which allowed pupils to learn more about what it is like to run a business.
Giles continued: “We have really enjoyed the experience of growing our company and have returned to Exeter School several times to share our journey with pupils as we are keen to inspire future entrepreneurs.”