DLA PIPER UKRAINE ADVISES FERRERO ON MERGER CLEARANCE FOR ITS USD 2.8BN ACQUISITION OF NESTLÉ’S U.S. CONFECTIONARY BUSINESS
DLA Piper, Kyiv, Ukraine,
Fri, May 18, 2018
DLA Piper in Ukraine has advised Italian chocolate maker, Ferrero, on obtaining merger control clearance from the Antimonopoly Committee of Ukraine, for its USD 2.8 billion acquisition of Nestle's U.S. confectionary business.
Through the deal, Ferrero has acquired three confectionary manufacturing facilities located in the USA with over 1500 employees, and trademark rights for 20 brands. Having completed the deal, Ferrero became the third-largest chocolate company in the USA.
The DLA Piper team was led by DLA Piper's Head of Competition in Kyiv, Galyna Zagorodniuk, assisted by Corporate associates Andrii Zhupanyn and Danylo Rudyk.
Lead partner Galyna Zagorodniuk said: “We are very excited to have advised our long-standing client Ferrero on this milestone project, and hope it will play an essential role in their expansion into this key strategic and attractive market.”
For further information:
Inna Voronova, PR and event coordinator, DLA Piper Ukraine, LLC.
Tel.: +380672231850 or e-mail: firstname.lastname@example.org
Notes to editors:
- DLA Piper is a global law firm located in more than 40 countries throughout Africa, the Americas, Asia Pacific, Europe and the Middle East, positioning it to help companies with their legal needs anywhere in the world. For further information about our organisation and services, please visit our website: www.dlapiper.com
For further information about our organisation and services, please visit our website: www.dlapiper.com