NKF and White & Case with CVC on ANH acquisition
Niederer Kraft Frey (NKF) served as Swiss law advisor, with White & Case as lead counsel, supporting private market manager CVC on its acquisition of Animal Nutrition & Health (ANH), a provider of science-based animal nutrition and health solutions, from dsm-firmenich.
The operation took place via a carve-out transaction, for an enterprise value of EUR 2.2 billion. The deal includes an earn-out of up to EUR 0.5 billion, with dsm-firmenich retaining a 20% equity stake in the divested ANH business alongside CVC.
The NKF team
Corporate and M&A partners Patrik Peyer (pictured left) and Moritz Maurer (pictured centre), as well as senior associate Alexander Göbel (pictured right), led the NKF team on the matter. The firm lineup further included associates Alexandra Neuenschwander and Nadine Wanner (both corporate/M&A), partner Andreas F. Vögeli, associates Yannik Bleiker and Jessica Messerli (real estate), partner Janine Reudt-Demont and associate Luisa Egli (both regulatory), partner Philip Spoerlé (finance), partner Andreas Casutt and associate Sabrina Gysi (employment), partner Simon Bühler and associate Antonio Gramunt (both pensions), partner Roman Sturzenegger and associate Anastasia Herger (restructuring) as well as counsel Marc Vogelsang (tax).
The White & Case team
Frankfurt-based Stefan Koch (pictured) led the White & Case team on the matter, working alongside Ben von Maur, Carlo Meert, Carola Glasauer and Joshua Crawley.
