Mayer Brown represented Nestlé in connection with the agreement to sell its US ice cream business to Froneri.
Froneri executed the acquisition of Nestlé US ice cream business for a transaction value of $4 billion.
The transaction is expected to close in the first quarter of 2020, following the completion of customary regulatory approvals.
Froneri is an ice cream-focused joint venture Nestlé created in 2016 with PAI Partners.
The Mayer Brown team included Corporate & Securities – partners David Carpenter (Picture), John Boelter (both NY) and Michelle Gross (Northern California) and associates Karen Chong, Michael Russo, Manny Stoichev (all NY) and Omar El-Khattabi (DC); IP – partner Rich Assmus and associates Jonathan Brown (both Chicago) and Tiffany Brown (DC); Tax Transactions & Consulting – partner Remmelt Reigersman (Northern California) and associate Brennan Young (NY); Litigation & Dispute Resolution – counsel Meytal McCoy (DC) and Jaimy Hamburg and associate Jill Fortney (both Chicago); and Real Estate – partner David Saye and staff attorney Ryan Lifland (both Charlotte).
Involved fees earner: Richard Assmus – Mayer Brown; John Boelter – Mayer Brown; Tiffany Brown – Mayer Brown; Jonathan Brown – Mayer Brown; David Carpenter – Mayer Brown; Karen Chong – Mayer Brown; Omar El-Khattabi – Mayer Brown; Jill Fortney – Mayer Brown; Michelle Gross – Mayer Brown; Jaimy Hamburg – Mayer Brown; Ryan Lifland – Mayer Brown; Meytal McCoy – Mayer Brown; Remmelt Reigersman – Mayer Brown; Michael Russo – Mayer Brown; David Saye – Mayer Brown; Emanuil Stoichev – Mayer Brown; Brennan Young – Mayer Brown;
Law Firms: Mayer Brown;