亨氏近日宣布，已同意以1.65亿美元从新加坡PE公司Transpac Industrial Holdings Ltd手中收购福达食品公司。福达为国内一家主要生产酱油和腐乳的企业。
此项交易尚须获得中国监管机构的批准。
达维律师事务所在此交易中代表亨氏，Transpac的法律顾问为欧华律师事务所。
|
Heinz – Foodstar acquisition
|
US$165m |
| Synopsis Heinz acquires Foodstar from PE holding company, Transpac Industrial Holdings |
| Firm |
Client |
Role |
|
|
Transpac |
International counsel |
Davis Polk & Wardwell [Lead partners: John Bick, Kathleen Ferrell and Mark Lehmkuhler]
|
Heinz |
US counsel |
Heinz, the household name for ketchup and baked beans, is further diversifying into soy sauce business in China. With the help of Davis Polk & Wardwell, the company has recently inked a US$165m all-cash agreement to acquire soy-sauce maker Foodstar from Singapore-based PE holding company Transpac Industrial. Transpac sought out DLA Piper for legal advice on this transaction.
By acquiring Foodstar, a Guangzhou-based company , Heinz’s annual sales in China would reportedly increase to US$300m. Heinz has been operating in China since the 1980s when it opened a factory in Guangzhou to produce Heinz infant cereal.
The deal is subject to regulatory approvals from MOFCOM and other customary conditions. ALB
Related stories: