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Clifford Chance advises Thai Union on its JV deal with Savola Foods Company

9 September 2015

Clifford Chance advises Thai Union on its JV deal with Savola Foods Company

Clifford Chance has advised Thai Union Frozen Products PCL, the world’s leading seafood processor, on its seafood joint venture with Savola Foods Company.

Jason Mendens, Corporate partner said “We are extremely pleased to work with Thai Union on this important joint venture that combines the global resources and expertise of Thai Union with the regional resources and expertise of the Savola Foods Company."

The product lines for the JV will include all seafood products, including ambient, frozen, chilled seafood, as well as ready-to-eat meals. The joint venture will operate in 12 Middle Eastern markets: Saudi Arabia, United Arab Emirates, Oman, Kuwait, Bahrain, Qatar Jordan, Lebanon, Syria, Iran, Iraq, and Egypt.

The Clifford Chance team was led by Jason Mendens (M&A Partner, Doha) with assistance from Daniel Boyle (Senior Associate, Dubai) and a team of lawyers from our Middle East offices.

Clifford Chance has a leading M&A practice globally and in the Middle East. The firm regularly advises on the most high profile M&A transactions in the region, including recently, for example, advising DP World Limited on the US$2.6 billion acquisition of Economic Zones World FZE.

In 2015, Clifford Chance celebrates 40 years of operations in the Middle East since opening its first office in Sharjah in 1975. Over the past four decades the Firm has expanded from a single office to having a strong presence in Abu Dhabi, Dubai, Doha and Riyadh with more than 120 permanently based lawyers in the region who are fully integrated into the Firm’s international network.