Ropes & Gray has advised Humble Group AB on the deal.
Humble Group AB, a Swedish food-tech and FMCG-group supplying the next generation of products that are good for people and the planet, executed its up to SEK 1.384 billion acquisition of Solent Global Limited, a leading international supplier of healthy foods and personal care products.
Solent, a UK headquartered company, with operations in China, Hong Kong, South Africa, Vietnam and Australia has a large distribution network, with a strong focus on healthy impulse snacking as well as environmentally friendly sustainable products in numerous categories such as healthy snacks & personal care, household and reusables. The deal will help optimise and develop Solent’s brands in order to launch further products to the market.
The Ropes & Gray team was led by private equity transactions partner John Newton (Picture), with associates Phoebe Glenister-So, Craig Jourdan, Eamon Gallagher, Kunal Shah, Kumbi Abere and trainee Emilio Fabrizi (all based in London) and partner Oliver Nip and associates Jonathan Yan, Sharon Shi (all based in Hong Kong). Other members of the team included: tax partner Brenda Coleman and associate David Johns; privacy, data protection and cybersecurity partner Rohan Massey and associates Edward Machin and Robyn Annetts; Life sciences partner Lincoln Tsang and associate Hannah Kerr-Peterson; finance partner Alex Robb and Elizabeth Baek; litigation & enforcement associates Mike Harris and Jessica Dunk (all based in London).
Involved fees earner: Kumbi Abere – Ropes & Gray; Robyn Annetts – Ropes & Gray; Elizabeth Baek – Ropes & Gray; Brenda Coleman – Ropes & Gray; Jessica Dunk – Ropes & Gray; Eamon Gallagher – Ropes & Gray; Phoebe Glenister-So – Ropes & Gray; Michael Harris – Ropes & Gray; David Johns – Ropes & Gray; Craig Jourdan – Ropes & Gray; Hannah Kerr-Peterson – Ropes & Gray; Edward Machin – Ropes & Gray; Rohan Massey – Ropes & Gray; John Newton – Ropes & Gray; Oliver Nip – Ropes & Gray; Alexander Robb – Ropes & Gray; Kunal Shah – Ropes & Gray; Sharon Shi – Ropes & Gray; Lincoln Tsang – Ropes & Gray; Jonathan Yan – Ropes & Gray;
Law Firms: Ropes & Gray;
Clients: Humble Group;