Sonae Food4Future, S.A.’s Acquisition Of GOSH!

Ashurst has advised Sonae SGPS, SA on the deal.

Sonae Food4Future, S.A., a subsidiary of Sonae, acquired 95.4% of the share capital and voting rights in Claybell Limited, owner of 100% of Gosh Food Limited which trades under the ‘GOSH!’ brand (‘GOSH’).

Following the acquisition, GOSH will continue to be managed by the current management team, who will hold the 4.6% minority stake in the share capital of the Company.

Gosh is a leading player in the fast-growing plant-based food sector, delivering clean label and free-from allergen products across the major retailers and food service providers in the UK both under the ‘GOSH!’ brand and as a private label.

The Ashurst team was led by corporate partners Markjan van Schaardenburgh (Picture) and Braeden Donnelly, supported by associates Lauren Garrett, Jonathan Bisset and Rachael Bailey. Consultant Marcus Turle and associate Julia Bell advised in relation to commercial law matters. Advance Delivery Services manager Jessica Whitfield also advised.

Involved fees earner: Rachael Bailey – Ashurst; Julia Bell – Ashurst; Jonathan Bisset – Ashurst; Braeden Donnelly – Ashurst; Lauren Garrett – Ashurst; Markjan van Schaardenburgh – Ashurst;

Law Firms: Ashurst;

Clients: Sonae Indústria, SGPS, SA;

Federica Tiefenthaler

Author: Federica Tiefenthaler