Hogan Lovells acts on US$1 billion acquisition financing of Bellamy’s Organic by China Mengniu Dairy Company Limited
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| 23 December 2019
Sydney, 23 December 2019 – Global law firm Hogan Lovells has advised an international syndicate of banks on the US$1 billion debt financing of the acquisition of Bellamy’s Organic, one of Australia’s largest producers of high quality infant milk formula, by China Mengniu Dairy Company Limited.
Bellamy’s is a leading infant nutrition brand in the Australian and Chinese markets, producing over 30 products, all Australian-made and certified organic.
Bellamy’s Organic opened in Launceston, Tasmania in 2004 and was the first company to offer an organic infant milk formula range. It was listed on the Australian Stock Exchange (ASX) in 2014.
Lead Partner and Head of Banking in Australia, Richard Hayes, noted, “We were delighted to assist our clients on one of the largest and most significant acquisitions of an Australian listed company this year, and highlights the team’s strength in handling large, cross-border acquisition financing transactions."
ENDS
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