Global law firm White & Case LLP has advised the Scotts Miracle-Gro Company on the binding and irrevocable offer of approximately US$250 million for its European and Australian consumer operations from Exponent Private Equity LLP.
Scotts Miracle-Gro is the world's leading marketer of branded consumer lawn and garden products. The transaction, which is expected to close during July 2017 subject to consultation with works councils, employee representative bodies and regulatory approval, is an important step in the continued execution of 'Project Focus', the company's previously-announced commitment to focus more resources on its US business.
"Our cross-border and cross-practice team worked closely with the deal team at Scotts on this complex and strategically important transaction," said London-based White & Case partner Jarlath McGurran, who led the Firm's deal team.
The White & Case team which advised on the transaction was led by partners Ian Bagshaw and Jarlath McGurran (both London) and included partners Lindsey Canning, Nicholas Greenacre, Victoria Landsbert (all London), Brice Engel, Nathalie Negre-Eveillard (both Paris), Frank-Karl Heuchmer, Holger Wolf (both Frankfurt) and Mark Powell (Brussels), local partners Matthias Kiesewetter (Hamburg) and Jeremie Jourdan (Brussels), counsel Valerie Menard (Paris), and associates Spencer Collins, Craig Fagan, Joanne Abbot, David Persaud, Charlotte Kelly and Paul Harrington, (all London).
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