Solenne FoodsCorran Mill Bakery acquisition

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Closing conditions

The 19 conditions and signature packets for the October 22 signing, each with its status, owner and the date it must clear.

Signing checklist, updated Oct 1, 2026
Lawyer cleared
12 of 19

Imogen Varley has cleared each on its exact document

Awaiting lawyer review
4

Evidence is in and waits for a lawyer

Open
3

Landlord consents, financing letter, board consent

Signing decision
Oct 14

Imogen decides whether Oct 22 holds

A closing coordinator laying out signature packets before a deal signing

Where the 19 conditions stand

Signing Oct 22 12 of 19 conditions lawyer cleared 3 conditions open

The 19 conditions and signature packets for the October 22 signing of the Solenne acquisition of Corran Mill Bakery, each with its status, owner and the date it must clear, so the landlord consents, the financing commitment letter and the Solenne board consent are chased by name. Prepared by the closing coordinator at Ashcombe Varley LLP for Henrik Dahlberg, chief financial officer at Solenne, with Solenne's chief executive officer and board secretary, and for Imogen Varley, the lead lawyer. Imogen decides whether each condition is satisfied, which version is executable and whether anyone has authority to sign. Status on Monday, September 28, 2026; issued Thursday, October 1, 2026.

Each square is one condition or signature packet. Twelve are lawyer cleared, 4 have evidence received and wait for review, and 3 are open.

Conditions lawyer cleared, 12 of 19

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Four numbers on the matter

The date depends on the landlord consents arriving by Oct 14. The other figures are context: the conflict-ready count is fixed because the engagement was approved on Aug 26, and the other three show how much work is still moving.

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The seven conditions not yet cleared

Dates are the day the item must clear. The chase date is the day Ashcombe Varley asks for it by name.

ConditionStatusOwnerMust clearChaseWaits on
Landlord consents for the three bakery sitesOpenDarius OkonkwoOct 14Oct 14Lease assignment schedules from diligence
Financing commitment letterOpenDarius OkonkwoOct 16Oct 5The lender's issue date
Solenne board consentOpenDarius OkonkwoOct 13Oct 14The Oct 13 board meeting; the signed consent is confirmed on Oct 14
Lease assignment instruments for the three sitesAwaiting lawyer reviewPhilomena TrevelyanOct 14Oct 9Lease assignment schedules from diligence
Landlord estoppel certificatesAwaiting lawyer reviewPhilomena TrevelyanOct 14Oct 9Lease assignment schedules from diligence
Lease disclosure schedule to the purchase agreementAwaiting lawyer reviewPhilomena TrevelyanOct 14Oct 9Lease assignment schedules from diligence
Key bakery manager employment agreementsAwaiting lawyer reviewTeodoro QuintanillaOct 14Oct 9Imogen Varley's packet review

What each status means

Condition open
Nothing has arrived yet, or the document is not drafted. The owner chases the person who must supply it.
Evidence received
The document or signature page is in. It waits for a lawyer, so it is not yet counted as cleared.
Lawyer cleared
Imogen Varley has decided the condition is satisfied on the exact document and version in the file.
Ready to sign
The executable version is settled, the signatory is confirmed and the authority to sign is on the file.
Closed
The document is signed and filed, and the condition is recorded as met.

The path to Oct 22

StreamItemDates
Seller documentsLease assignment schedules from sellerSep 28 to Oct 9
Seller documentsLawyer review of instruments, estoppels, scheduleOct 9 to Oct 14
ConsentsLandlord consentsOct 9 to Oct 14
ConsentsSolenne board meeting and consentOct 13 to Oct 14
ConsentsFinancing commitment letterOct 5 to Oct 16
Decision and signingDecide whether the signing date holdsOct 14
Decision and signingSigningOct 22

A lawyer cleared condition is not the same as a received one. The two dates that matter most are Oct 14 for the landlord consents, which decides whether Oct 22 holds, and Oct 22 for the signing.

The week in one view

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Signature packets

Signature packets for the Oct 22 signing

  • Key bakery manager employment agreements: signed agreements from both managers received into the packet. Owner: Teodoro Quintanilla, donedone
  • Key bakery manager employment agreements: packet review. Owner: Imogen Varley, Oct 9open
  • Solenne board consent: signed after the board meeting. Owner: Darius Okonkwo, Oct 14open
  • Lease assignment instruments: signature pages prepared once the review starts. Owner: Philomena Trevelyan, after Oct 9open
  • Purchase agreement signature pages: held until the executable version is settled. Owner: Imogen Varley, after the indemnity cap decision for version 10open
  • Decide whether the Oct 22 signing date holds. Owner: Imogen Varley with Henrik Dahlberg, Oct 14open

A signature page goes into a packet only against the exact version the lawyer has marked executable.

Who is on this checklist

  • Imogen VarleyPartner, Ashcombe Varley LLP, clears each condition and decides the executable version

  • Darius OkonkwoMatter manager, Ashcombe Varley LLP, owns the three open conditions

  • Henrik DahlbergChief financial officer, Solenne Foods, schedules the board consent and the lender date

The live page in FuseBase

This document as a FuseBase page, read-only from the Ashcombe Varley LLP workspace. Changes made there appear here.
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Solenne acquisition results

The full results report: parties, diligence, closing conditions, version decisions and requests outside the fixed fee.
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