ADRIAN Maguire, corporate partner at Freshfields Bruckhaus Deringer, acted for Premier on the sale of its sweet pickles and table sauces business with the support of intellectual property partner Andrew Craig. Law firm Ashurst advised Mizkan.
Maguire joined Freshfields in 1996 as a trainee, after graduating from Durham, and was made partner in 2008. He has focused solely on private equity deals since 2005 but first struck a relationship with Premier after advising buyout firm Warburg Pincus on its £64m investment in Premier Foods in 2009. Maguire said yesterday’s deal was not an easy feat and required the “carving out” of all the assets up for sale from the existing business and moving them to Mizkan’s operations.
Earlier this year he advised European private equity firm Cinven on its acquisition of legal outsourcing company CPA Global. He also acted for Cinven when it acquired a majority stake in Turkish alarm systems provider Pronet Güvenlik in June – its first move into the Turkish market.
Other deals including advising Warburg this summer on the sale of Mach, a Luxembourg-based business that provides roaming and billing services to mobile phone companies, to Syniverse Holdings for €550m (£444m).