Deals & Cases

Deals & Cases

July 2010

Sale by Lindsay Goldberg of Fresh Start Bakeries

On June 8, 2010, investment funds managed by Lindsay Goldberg and the remaining shareholders of FSB Global Holdings, Inc. (Fresh Start Bakeries), a global supplier of specialty bakery products, agreed to sell Fresh Start Bakeries to ARYZTA AG, a specialty baked goods company traded on the Swiss Exchange for USD 900 million. The transaction closed on July 9, 2010.

Lenz & Staehelin advised the sellers on Swiss corporate and securities law aspects within the context of this transaction, Cravath Swaine & Moore LLP being the overall lead counsel on the sale side. The Lenz & Staehelin team was led by Andreas Rötheli (corporate/M&A) and included Marie Berney.

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