Legal Business

Corporate caution as private equity acquisitions and IPOs trickle in

A wary optimism was the prevailing mood of private equity partners in October, as deals such as the $2.2bn acquisition of Vion Food Group’s gelatine-making subsidiary, Vion Ingredients by private equity house Darling International demonstrated that there is appetite, and funds, for the right kind of asset.

Texas-based Darling used K&L Gates and Clifford Chance (CC), while the Netherlands’ Vion was advised by leading Benelux independent De Brauw Blackstone Westbroek.

K&L Gates fielded an international team, led by Dallas corporate partner Mary Korby and including Frankfurt-based corporate partner Mathias Schulze Steinen and London competition partner Scott Megregian.