Global law firm White & Case LLP has advised CVC on CVC Funds’ acquisition of Animal Nutrition & Health (ANH) from dsm-firmenich via a carve-out transaction and for an enterprise value of €2.2 billion.
The transaction includes an earn-out of up to €0.5 billion, with dsm-firmenich retaining a 20% equity stake in the divested ANH business alongside CVC.
White & Case partner Carlo Meert, who co-led the Firm’s deal team, said: “We have supported CVC on a number of significant cross-border mandates in recent years. Advising on this latest strategic investment highlights our global expertise and strength in executing complex carve-out transactions.”
ANH is a global provider of science-based animal nutrition and health solutions. The business offers products ranging from vitamins and premixes, to feed additives that improve animal health, performance, feed efficiency and sustainability across livestock production. ANH helps producers deliver high-quality animal protein while reducing environmental impact.
The White & Case team which advised on the transaction was led by partners Carlo Meert (Brussels), Ben von Maur and Joshua Crawley (both London), Stefan Koch and Carola Glasauer (both Frankfurt) and included partners Lindsey Canning, Dan Reavill, James Turner, Tony Brown, Mike Weir, Nick Matthew, Nicholas Greenacre, Stephen Shergold, Jonah Anderson, Martin Forbes and Benjamin Morrison (all London), Saam Golshani, Sonia Tubiana and Valerie Menard (all Paris), Mathias Bogusch, Bodo Bender and Sebastian Stuetze (all Frankfurt), Daniel Kozin, Bethany Hills and Tal Marnin (all New York), Sara Nordin (Brussels), local partners Alisa Preissler and Kai Neumann (Frankfurt) and associates Sara Bilge, Will Allen, Ahmad Obeidat, Denise Sparremo, Kyle Spencer, Claire Slunecko, Matthew Rubery, Nadia Romano, Aliya Manji, Rachel Thompson, Francesca MacSwiney, Amanda Kingsley, Ed Pearson, Emma Middleton, Veronica Pagnoni, Sam Ahmad and Margot Davies (all London), Franziska Josepha Schiffmann, Jan Diether, Alexander von der Wense and Justus Redeker (all Frankfurt), Nasir Tak (Washington, DC), Matt Shafman, Peter Shelburne and Kasey Lee (New York) and Wiesia Wagstyl (Dubai).
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Read the orginal article: https://www.whitecase.com/news/press-release/white-case-advises-cvc-capital-partners-eu22-billion-acquisition-animal
