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Deal Date: 04-11-2015 Practice Area: Corporate and M&A
Deal Title: Food Union Acquisition of Mejerigaarden Industry: Food Producers
Description:
The dairy company Food Union acquired Mejerigaarden, which is Denmark's second-largest ice cream manufacturer and the company behind the sale and distribution of a number of famous Danish ice cream brands, including Premier Is, Polar Is, Underground, Mars and Sneakers, etc. Mejerigaarden develops, manufactures and distributes the ice cream from its headquarters in Thisted, Denmark. The Food Union Group e.g. comprises Premia Tallinna Kulmhoone AS, which is the leading ice cream manufacturer in the Baltic region, and with an annual revenue of USD 200m, the business is approx. four times the size of Mejerigaarden. Food Union manufactures a large number of dairy products such as cream cheese, butter, yogurt and ice cream. The ice cream will continue to be manufacturedin Denmark. Accura advised Food Union.
Financial Center: Copenhagen Value: 0.00-0.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Denmark Acquiror Jurisdiction: Denmark
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Henrik Juul Hansen