Allens has advised Lactalis, the world's largest dairy company, on the proposed acquisition of Fonterra's global consumer and associated businesses for NZ$4.22 billion.
The transaction is one of the largest in New Zealand corporate history and encompasses Australian household brands such as Mainland, Perfect Italiano, Western Star and Bega, as well as operations in Australia, New Zealand, Sri Lanka, Southeast Asia and the Middle East.
Allens acted on all Australian aspects of the transaction, including assisting Lactalis to obtain confirmation from the ACCC that it would not oppose the proposed acquisition following its initial informal review.
The proposed acquisition is subject to certain conditions, including approval by farmer shareholders and receipt of certain final regulatory approvals.
Allens advised Lactalis alongside Freshfields, Bell Gully, Rothschild & Co, Cameron Partners and Deloitte.
Allens legal team
M&A and Capital Markets
Tom Story (Co-Lead Partner), Adrian Amer (Co-Lead Partner), Charlie George (Senior Associate), Eleanor Skuza (Associate), Lachlan Macdonald (Associate), Julie Litver (Associate), Grace Collier (Lawyer), Catherine Thomas (Lawyer), Nicole Apap (Law Graduate)
Competition, Consumer and Regulatory
Fiona Crosbie (Partner), Felicity McMahon (Partner), Louisa Kefford (Senior Associate), Melissa Camp (Senior Associate), Ashleigh Gillman (Associate), Lachlan Pembroke (Lawyer), Sneha Mahesh (Lawyer), Max Stella (Lawyer), Sally Eller (Lawyer), Drew Gillespie (Law Graduate)
FIRB
Andrew Wong (Mergers & Acquisitions Counsel)
Technology, Media & Telecommunications
Jessica Mottau (Partner), Aveline Orban (Senior Overseas Practitioner), Nick Li (Senior Associate), Elizabeth Brown (Associate), Isaac Nankavill (Associate), Sabreen Hussain (Lawyer), Scarlett Stevens (Lawyer), Renee Preketes-Tardiani (Lawyer), Cassandra Reilly (Law Graduate)
Real Estate & Development
Tim Chislett (Partner), Adele Carrubba (Senior Associate), Shirley Shen (Associate), Madeleine Andreopoulos (Lawyer), Alexandra Agostini (Law Graduate)
Environment & Planning
Emily Johnstone (Partner), Disha Kamal (Associate), Ilaria Bigaran (Associate)
Intellectual Property
Joel Barrett (Partner), Max Jones (Senior Associate), Eloise Cook (Lawyer)
Employment & Safety
Veronica Siow (Partner), Tarsha Gavin (Partner), Olivia Mueller (Lawyer)
Finance, Banking & Debt Capital
Jo Folan (Partner), Emma Nicholson (Senior Overseas Practitioner), Sophie Langham (Associate)