WM Partners’ Acquisition of Vega

Wachtell Lipton, working alongside Davies, represented Danone in the transaction, while King & Spalding served as legal advisor to WM Partners.

Danone has signed an agreement to sell Vega, Danone’s Canada and U.S. plant-based nutritional products brand, to funds managed by WM Partners, a US-based private equity investment firm focused on the health and wellness industry.

Danone is a leading multi-local food and beverage company building on health-focused and fast-growing categories in 3 businesses: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition.

Founded in Burnaby, BC, Canada in 2001, Vega is a pioneer of the plant-based nutrition industry and a leading brand in plant-based protein powder in both the U.S. and Canada.

WM Partners is a middle-market private equity firm specializing in buyout investments in the health and wellness sector.

Wachtell Lipton’s team was led by Partners Joshua R. Cammaker (Picture) and Alison Zieske Preiss, and included Associates Kirby M. Smith, Stefan A. Rajiyah (Corporate), Partner Ilene Knable Gotts, Associate Emily E. Samra (Antitrust), Partner Adam J. Shapiro (Executive Compensation and Benefits), Partner Michael S. Benn, Associate Kisho Watanabe (Finance), Of Counsel Selwyn B. Goldberg, Associate Nicole D. Sharer (Intellectual Property), Partner Deborah L. Paul, Associate Swift S.O. Edgar (Tax).

The Davies team advising on the transaction included Vince Mercier and Antoine Le Bihan (Corporate/M&A); Marie-Emmanuelle Vaillancourt (Tax); Mark Katz (Competition); Gillian Stacey (Privacy); and Seann McAleese (Employment).

Involved fees earner: Gillian Stacey – Davies Ward Philips & Vineberg; Mark Katz – Davies Ward Philips & Vineberg; Antoine Le Bihan – Davies Ward Philips & Vineberg; Seann McAleese – Davies Ward Philips & Vineberg; Vincent Mercier – Davies Ward Philips & Vineberg; Marie-Emmanuelle Vaillancourt – Davies Ward Philips & Vineberg; Michael Benn – Wachtell, Lipton, Rosen & Katz; Joshua Cammaker – Wachtell, Lipton, Rosen & Katz; Swift Edgar – Wachtell, Lipton, Rosen & Katz; Selwyn Goldberg – Wachtell, Lipton, Rosen & Katz; Ilene Knable Gotts – Wachtell, Lipton, Rosen & Katz; Deborah Paul – Wachtell, Lipton, Rosen & Katz; Stefan Rajiyah – Wachtell, Lipton, Rosen & Katz; Emily Samra – Wachtell, Lipton, Rosen & Katz; Adam Shapiro – Wachtell, Lipton, Rosen & Katz; Nicole Sharer – Wachtell, Lipton, Rosen & Katz; Kirby Smith – Wachtell, Lipton, Rosen & Katz; Kisho Watanabe – Wachtell, Lipton, Rosen & Katz; Alison Zieske Preiss – Wachtell, Lipton, Rosen & Katz;

Law Firms: Davies Ward Philips & Vineberg; Wachtell, Lipton, Rosen & Katz;

Clients: Danone;

Author: Martina Bellini