16 05 2016

McCain acquires a majority stake in Van Geloven B.V. from TowerBrook Capital Partners L.P.

Sidley advised TowerBrook Capital Partners L.P. on the sale of a majority stake in Van Geloven B.V., suppliers of a full range of frozen convenience foods, to international frozen foods leader McCain.


Van Geloven has led the market addressing consumer needs and supporting its clients both on the retail and the out-of-home segments with high quality products, creating innovative new snacks targeting different consumer preferences and preparation methods. Mora has shown 34% growth since 2010 in retail, driven by successful renovations and innovations in appetizers and oven products. In 2015 the company generated sales of €197m. McCain Foods is a family owned company, an international leader in the frozen food industry and the world’s largest manufacturer of frozen potato products. The company has 41 production facilities on six continents and its products are used in restaurants and sold at retail stores in over 160 countries around the world. TowerBrook will remain a shareholder in the business and will continue to support Van Geloven in its expansion plans. The London based Sidley team was led by Private Equity partners Erik Dahl (Picture), Christian Iwasko and Sava Savov with support from associates Michelle Tong, Garrett Holmes and Priya Rupal. The team also included partners Oliver Currall (Tax) and Bryan Robson (Global Finance) and associates Jason Pegnall (Tax), William Gwyn and Jade Li Tai Leong (both Global Finance). Involved fees earner: Erik Dahl - Kirkland & Ellis; Christian Iwasko - Sidley Austin LLP; Sava Savov - Sidley Austin LLP; Michelle Tong - Sidley Austin LLP; Garrett Holmes - Sidley Austin LLP; Priya Rupal - Sidley Austin LLP; Oliver Currall - Sidley Austin LLP; Jason Pegnall - Kirkland & Ellis; Bryan Robson - Sidley Austin LLP; William Gwyn - Sidley Austin LLP; Jade Li Tai Leong - Sidley Austin LLP;

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