Top 10 Legal Advisors in Foodservice Industry in the World in 2022 by Deal Value
Allen & Overy LLP, Cleary Gottlieb Steen & Hamilton LLP, Latham & Watkins LLP, White & Case LLP, & Slaughter and May are among the top 5 legal advisors in the food service industry in 2022 by deal value. Uni-President Enterprises-Carrefour Taiwan was a major deal in the Foodservice sector in 2022. Allen & Overy LLP served as a legal advisor to Uni-President Enterprises, while Clifford Chance LLP served for Carrefour SA. Carrefour today announces it has signed an agreement to sell its 60% equity interest in Carrefour Taiwan to its long-term partner and co-shareholder Uni-President. The transaction values Carrefour Taiwan at a $2,026 Enterprise Value. Dufry-Autogrill was another major deal in the Foodservice sector in 2022. Mayer Brown LLP, Cleary Gottlieb Steen & Hamilton LLP, and Gianni & Origoni served as legal advisors to Autogrill SpA, while Davis Polk & Wardwell LLP, Homburger AG, and Chiomenti served as legal advisors to Dufry. Dufry AG, a Switzerland-based travel retail company, operates duty-free and duty-paid shops, has signed an agreement to acquire a 50.3% stake in Autogrill SpA, an Italy-based provider of food and beverage services for travelers, for an enterprise value of Autogrill $1,181 million. Pentair-Manitowoc is one of the major deals in the Foodservice sector in 2022. Faegre Drinker Biddle & Reath LLP served as legal advisors to Pentair, while Gibson, Dunn & Crutcher LLP, and Alston & Bird LLP acted as legal advisors to Welbilt. Pentair plc, a UK-based provider of water treatment and sustainable solutions, has acquired Manitowoc Ice, a US-based company that designs, manufactures, and markets a full line of ice machines and related equipment, from Welbilt Inc, a US-based manufacturer and supplier of commercial food and beverage equipment, for a consideration of approximately $1,600 million. The transaction enables Pentair to expand the Water Solutions platform, enhance the value proposition for customers and provide an additional springboard for growth.