Freshfields is representing both the buyer consortium and Cargill, Incorporated (Cargill) in the take-private of Nasdaq-listed Sanderson Farms and the concurrent combination of Sanderson Farms with privately-held Wayne Farms. The all-cash purchase price being paid by the buyer consortium, led by Cargill and Continental Grain, for Sanderson Farms reflects a transaction value of $4.53 billion. In addition to the acquisition of publicly listed Sanderson Farms, the multi-faceted transaction includes the formation of a new joint venture between Cargill and Continental Grain and the acquisition of privately held Wayne Farms. The details of the transaction can be found here.
The Freshfields team is led by corporate M&A partners Ethan Klingsberg and Paul Humphreys and associates Vinita Sithapathy, Lucy Lei, Anthony Paladino, Victor Ma and Sally Wu; executive compensation and employee benefits partner Lori Goodman and associate Jordan Salzman; leveraged finance partner Kyle Lakin and associates Aino Makisalo and Mark Tan; antitrust partners Mary Lehner and Justin Stewart-Teitelbaum and associate Elizabeth Giordano; data privacy and IP partner Menachem Kaplan and associate Marissa Yu; and compliance partner Olivia Radin, counsel Stephanie Brown Cripps and associate Elvira Sihvola.
The Cargill in-house team is led by Doug Ujdur, M&A Practice Leader-Legal, Leslie Jacomino, M&A-Legal and Suzanne Mayer, High Level Paralegal (Global M&A).
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