Van Drunen Farms’s Partnership with SouthAm

Philippi Prietocarrizosa Ferrero DU & Uría, Sidley Austin and Aninat Schwencke & Cía. advised on the transaction

The Van Drunen Family of Companies (“Van Drunen Farms”) and SouthAm Freeze Dry (“SouthAm”) signed a new partnership whereby Van Drunen Farms will take a majority stake in SouthAm.

Van Drunen Farms, with headquarters in Momence, IL, is a world leader in agriculture, food science, and dehydrating fruits, vegetables, and grains. SouthAm is a trusted freeze-dried fruit supplier to many global CPG companies and is widely known as a leader in delivering the highest quality freeze-dried ingredients. Its headquarters are just outside of Chile’s capital, Santiago. The company enjoys strong competitive advantages that come from its ability to leverage direct, local access to the rich farming output of Chile and the South American supply chain. SouthAm combines a local focus with an international reach.

Philippi Prietocarrizosa Ferrero DU & Uría advised VDF International Holdings, Inc. with Juan Francisco Gutiérrez (Picture) Nicolás Santana and Juan Ignacio Pitta.

Sidley Austin advised VDF International Holdings, Inc. with Jonathan Blackburn, Patrick Croke, Phillip Acevedo.

Aninat Schwencke & Cía. advised Boris Hirmas Said and Tres Mares S.A. with Juan Pablo Schwencke, Francisco Prado and Felipe Vargas Domínguez.

Involved fees earner: Francisco Prado – Aninat Schwencke & Cia; Juan Pablo Schwencke – Aninat Schwencke & Cia; Felipe Vargas – Aninat Schwencke & Cia; Juan Francisco Gutiérrez – Philippi Prietocarrizosa Ferrero DU & Uría; Juan Ignacio Pitta – Philippi Prietocarrizosa Ferrero DU & Uría; Nicolás Santana – Philippi Prietocarrizosa Ferrero DU & Uría; Phillip Acevedo – Sidley Austin LLP; Jonathan Blackburn – Sidley Austin LLP; Patrick Croke – Sidley Austin LLP;

Law Firms: Aninat Schwencke & Cia; Philippi Prietocarrizosa Ferrero DU & Uría; Sidley Austin LLP;

Clients: Tres Mares S.A.; Van Drunen Farms;

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Author: Ambrogio Visconti.