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Campbell Soup sells Arnott’s

KWM assists Campbell Soup in the sale of iconic snack brand, Arnott’s.

user iconNaomi Neilson • 09 August 2019 • Big Law
King & Wood Mallesons
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Firm: King & Wood Mallesons (Campbell Soup Company)

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Deal: King & Wood Mallesons (KWM) acted for Campbell Soup Company on the sale of Arnott’s Biscuits and sections of Campbell’s international operations to international private equity firm KKR.

Value: Undisclosed

Area: M&A

Key players: Working in conjunction with Weil, Gotshal & Manges LLP, KWM’s team acting on the sale was led by partners Nicola Charlston and Cate Nagy, together with partners David Friedlander and Sharon Henrick. The team was also assisted by senior associates Vineetha Veerakumar and Christopher Kok and solicitor Alisa Wallace.

Deal significance: Definitive documentation in respect of the sale was signed in last week, after a competitive sale process lasting nearly 12 months.

The sale of Arnott’s Biscuits follows Campbell’s announcement last month of the sale of its Danish snack producer, Kelsen Group, to a Ferraro-affiliated company.

KWM has a long-standing relationship with Campbell Soup, having first acted for the manufacturer in its initial takeover for Arnott’s in 1993.

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Naomi Neilson

Naomi Neilson

Naomi Neilson is a senior journalist with a focus on court reporting for Lawyers Weekly. 

You can email Naomi at: This email address is being protected from spambots. You need JavaScript enabled to view it.

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