DLA Piper represented Whole Earth Brands, Inc. in its US$80 million acquisition of Swerve, a rapidly growing manufacturer and marketer of a portfolio of zero sugar, keto-friendly and plant-based sweeteners and baking mixes.
Swerve provides a key growth platform for Whole Earth Brands to expand its offerings in the alternative sweetener space and fits within the company’s existing sweetener portfolio.
“We were pleased to bring our experience advising food and beverage industry companies on complex M&A transactions to assist Whole Earth Brands with this acquisition, which aligns well with our client’s strategic objectives and will accelerate its growth,” said Christopher Giordano, co-chair of DLA Piper’s New York Corporate practice, who led the firm’s deal team.
In addition to Giordano, the DLA Piper team included partner Jon Venick (New York) and associates Peter Phillips (New York) and Clayton Culler (Washington, DC).
With more than 1,000 corporate lawyers globally, DLA Piper helps clients execute complex cross-border transactions seamlessly while supporting clients across all stages of development. The firm has been rated number one in global M&A volume for nine consecutive years, according to Mergermarket.
DLA Piper’s global platform, on-the-ground presence in local markets and dedicated cross-disciplinary focus on the food and beverage industry enables the firm to advise and partner with companies operating in this sector, helping them adapt to an increasingly competitive environment and navigate an ever more complex array of industry-specific regulatory requirements.