Allen & Gledhill and Skadden, Arps, Slate, Meagher & Flom have advised Dutch tea and coffee manufacturer Jacob Douwe Egberts (JDE) on its $1 billion acquisition of Singapore instant beverage maker Super Group, represented by WongPartnership.
The planned acquisition is the latest in a flurry of deals by JAB Holding, JDE’s holding company. Managed by three well-known consumer industry veterans, JAB is the investment vehicle of Europe's billionaire Reimann family, said Reuters.
JAB Holding bought doughnut chain Krispy Kreme and U.S. single-serve coffee giant Keurig Green Mountain this year, after forming the JDE joint venture last year comprised of the coffee business of Mondelez International and its own D.E Master Blenders 1753.
The Skadden team included M&A partners Daniel Dusek, Sean Doyle and Paul Schnell, banking partner Mark Darley, litigation partner Brad Klein, IP partner Bruce Goldner, regulatory parner Jamie Boucher and competition partner Frederic Depoortere. The A&G team featured partners Andrew Lim and Lee Kee Yeng.
