Allen & Overy advises Exponent Private Equity and the shareholders of Meadow Foods on the divestment of a significant stake in Meadow to Fairfax Financial Holdings Limited

Meadow is a leader in sustainable diary, confection and plant-based ingredients, partnering with the world’s leading food manufacturers to solve their most complex challenges and supply the crucial ingredients in many of the UK’s favourite brands. The business has become a market leader for sustainability in the dairy industry, partnering with farmers to reduce the carbon footprint of its raw materials inputs, targeting net zero operational sites by 2030 and to be fully net zero by 2050.

The A&O team was led from London by private equity partners Chris Sabine and Peter Banks, with support from senior associate Caroline Crawford, associate Jessica Teng and trainee solicitor Alex Brown. Anti-trust was led by senior associates David Weaver and Jessica Bowring with support from associate Nicholas Bushnell-Wye. Tax advice was provided by counsel Gareth Banfield and senior associate Michael Fletcher.