King & Wood Mallesons (KWM) advised CHAMP Private Equity (CHAMP) on the establishment of the Gourmet Foods Group through acquisition of MaxFoods and Fine Food Holdings. Together the Gourmet Food Group manufacture, import and distribute premium crackers, sugar-free biscuits and chilled and packaged seafood in Australia, New Zealand and other overseas markets.
The Gourmet Food Group serves as the first investment by CHAMP IV Fund in the food sector.
The KWM team was led by Partner Lee Horan and was supported by Senior Associate Anthony Boogert and Solicitor Laura Edwards.
Commenting on the deal Lee Horan said: "We were proud to be CHAMP's legal advisors for their latest investment in the food sector, working alongside Jeremy Stevenson, Cameron Buchanan and Shabareesh Ajitkumar and we look forward to continuing to work with the CHAMP and Gourmet Food Group teams to create a leading premium food business."
The acquisition follows CHAMP's successful investments in Manassen Foods and Accolade Wines through earlier funds.