Skip to main content

Baker McKenzie has represented Godiva Chocolatier, the Belgian manufacturer of gourmet chocolates, on its estimated $1.5 billion agreement to sell parts of its Asia-Pacific business to private equity firm MBK Partners, represented by Anderson Mori & Tomotsune.

According to Reuters, the deal includes Godiva’s operations in Japan, South Korea and Australia, and the production facility in Belgium supplying these regions. Godiva, owned by Turkey’s Yildiz Holding, will use the proceeds to finance diversification, including an expansion of its cafe business from 20 stores to more than 2,000 globally in the next six years.

The Baker McKenzie team was led by partners Jeremy White, Kensaku Takase, Dominique Maes, Francois Gabriel, Jean-Francois Vandenberghe, David Scott, Jannan Crozier, Jur Strobos and Tracy Wut.

 

To contact the editorial team, please email ALBEditor@thomsonreuters.com.

Related Articles

Deals

Khaitan, JSA, Hogan Lovells guide $515 mln Waaree IPO

by Nimitt Dixit |

Khaitan & Co has advised Waaree Energies, India's largest manufacturer and exporter of solar modules, on its $515 million initial public offering, with JSA Advocates & Solicitors and Hogan Lovells guiding the bookrunning lead managers.

Deals

CAM, Khaitan guide Adani-backed Renew Exim’s $380 mln ITD acquisition

by Nimitt Dixit |

Cyril Amarchand Mangaldas has advised Adani Group's Dubai-based firm Renew Exim DMCC on its acquisition of a 46.64 percent stake in ITD Cementation India for around $380 million from Italian-Thai Development Public Company, who was represented by Khaitan & Co.

Deals

CAM, AZB, SAM, Latham advise on landmark $1.3 bln Swiggy IPO

by Nimitt Dixit |

Cyril Amarchand Mangaldas is advising SoftBank-backed Indian food and grocery delivery giant Swiggy on its much-anticipated initial public offering worth $1.3 billion, with AZB & Partners and Latham & Watkins advising the bookrunning lead managers.