Morrison & Foerster is acting as lead advisor to Hassad Food, Qatar’s leading investor in the food sector, in its acquisition of a significant minority equity stake in Sunrise Foods International, the world’s largest supplier of organic grains and oilseeds.
The transaction is a strategic investment for Hassad, in the context of exponential global demand for organic products. The investment is anticipated to be completed in the fourth quarter of 2019.
Hassad’s CEO, Mr. Mohamed Al-Sadah, commented on the new investment: “We are delighted to enter into a long-term strategic partnership with Sunrise Foods.”
Morrison & Foerster is widely recognized as one of the world’s leading law firms for food, agriculture, and ag-tech M&A transactions, including being “Top Ranked” by legal directory Chambers Global in the space.
The MoFo deal team is led out of London by Corporate partner Andrew Boyd, with support from of counsel Simon Arlington, associates Steph Craw and Carlo Pia, and trainee solicitor Jai Mudhar. The wider, cross-border team includes partner Michael Ward (IP/Life Sciences, San Francisco/Boston); partner Trevor James, of counsel Sonia Girgis and associate Kirsten Banks (all Tax, London); partner Nicholas Spiliotes, of counsel Panagiotis Bayz and associate Amy Josselyn (all National Security/CFIUS, Washington, D.C.); partner Jonathan Gowdy and associate Timothy Gallivan (both Antitrust, Washington, D.C.); associate Aniek Schadd (Antitrust, Brussels); partner William Tarantino (Litigation, San Francisco), and partner Gemma Anderson (Litigation, London).