Morrison Foerster advised Gillco, a leading specialty ingredient provider in the food and nutrition market in the U.S., in connection with its sale to Azelis, a leading global innovation service provider in the specialty chemicals and food ingredients industry.
Founded in 1982, Gillco has developed long-standing relationships with global blue-chip suppliers, a diverse portfolio of specialty ingredients and applications, and strong market expertise across most segments of the food industry, including bakery, culinary, beverage, dairy, and nutraceutical markets.
The MoFo deal team was led by San Diego Senior Counsel Jay de Groot and corporate partner Jim Krenn, together with San Diego corporate associates Dustin McKenzie and Pat Boyle.
The wider team included Los Angeles tax partner Brian Radigan, San Diego tax partner Shane Shelley, New York executive compensation partner Josh Lerner, San Diego technology transactions partner Matt Ferry, New York employment and labor partner Michael Schulman, and Washington, D.C. antitrust partner Megan Gerking.
Read more about the transaction in the companies’ press release.