LK Shields advised Fane Valley Co-Operative Society Limited on the Irish corporate and EU merger control implications of the disposal by Fane Valley of a 50% interest in Linden Foods Limited and Slaney Foods International to the ABP Food Group.
Agri-business company ABP has agreed a deal in principle with Fane Valley Co-op to buy the remaining 50% holding in its red meat business for an undisclosed sum.
The deal includes Linden Foods in Northern Ireland and Slaney Foods and Irish Country Meats businesses in the Republic of Ireland.
Linden Foods is a fresh meat processor with facilities in Dungannon in Northern Ireland and in Burradon in England as well as Kettyle Irish Foods in Fermanagh.
Slaney Foods includes the Slaney Foods beef business and sheep meat specialist ICM. The company has three processing facilities in Ireland, in Wexford and in Meath.
The LK Shields team was led by Marco Hickey (Picture), EU, Competition and Regulated Markets and Andrew Power, Banking and Finance.
Law Firms: LK Shields Solicitors LLP;
Clients: Fane Valley Co-Operative Society Limited ;