DLA Piper advises on in2food Holdings on transaction with Woolworths

DLA Piper has advised in2food Holdings Proprietary Limited on the disposal of 100% of its issued shares to Woolworths Holdings Limited.

The transaction strengthens Woolworths Foods’ supply‑chain resilience and further differentiates its premium food offering. The deal also opens new opportunities for accelerated growth in non-competing revenue streams through in2food’s existing exposure to food services and export markets.

in2food is one of Woolworths Foods’ key suppliers, with a diversified range of premium private‑label products spanning freshly prepared convenience food, fresh produce, long‑life, ambient and bakery categories.  

The transaction is subject to customary regulatory approvals, including competition authority clearance.

A team from the Corporate practice from DLA Piper’s Johannesburg offices worked on the transaction, led by Johannes Gouws, Country Managing Partner, South Africa and partner Nada Lourens. They were supported by Senior associate Annie Nair. 

Johannes Gouws, Country Managing Partner, South Africa, commented: “This transaction preserves in2food’s DNA while positioning the business for its next growth chapter with Woolworths.”