Travers and DLA Piper tuck into sale of snack chain Graze
Unilever advised by panel firm on its purchase of healthy snack brand
February 07, 2019 at 07:27 AM
1 minute read
Travers Smith and DLA Piper have picked up mandates on the sale of snack brand Graze by private equity firm The Carlyle Group to Anglo-Dutch consumer goods company Unilever for an undisclosed sum.
Travers is advising longstanding client Carlyle on the transaction, fielding a team led by private equity and financial sponsors partners Ian Shawyer and George Weavil. DLA Piper's global head of corporate Bob Bishop led for Unilever.
Graze, which delivers healthy snack boxes to customers across the UK, was founded in 2008 and acquired by Carlyle in late 2012.
DLA Piper was added to Unilever's legal panel when it was renewed at the end of last year, alongside seven other firms including Linklaters and Clifford Chance.
Unilever's food portfolio includes brands such as Hellmann's, Lipton, Wall's, PG Tips, Ben & Jerry's, and Magnum.
Baker McKenzie advised Unilever on its recent sale of Horlicks to pharma giant GlaxoSmithKline in a deal worth $3.8bn (£3.1bn).
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