Akin Advises Thrive Freeze Dry in Acquisition of Paradiesfrucht
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(New York) – Akin advised Mubadala Capital and its portfolio company Thrive Freeze Dry, a leading manufacturer of freeze-dried products, in its agreement to acquire Paradiesfrucht GmbH (Paradise), a global freeze dryer of fruits, fruit preparations, yogurts, drops, powders, and granulates.
Mubadala Capital is the wholly owned asset management subsidiary of Mubadala Investment Company, a leading global sovereign investor headquartered in Abu Dhabi, UAE.
The acquisition of Paradise is expected to enhance Thrive’s manufacturing capabilities and presence in Europe.
The Akin team was led by private equity partners Amy Wollensack and Daniel Tavakoli and included tax partner Menachem Danishefsky and private equity associate Rafita Ahlam.
More details on the transaction can be found here.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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