At the end of November, the South African company Bounty Brands, which is part of the Coast2Coast group, carried out its first acquisition outside its home market by buying shares in Sonko sp. z o.o., the leading rice, cereal and bakery goods producer in Poland. Our law firm provided Coast2Coast (fund managing three Bounty Brands group companies: Bounty Wear, Bounty Foods and Bounty Home&Care) with a broad range of advice.

We advised the client from transaction structure planning through the due diligence and preparation of draft transaction documentation (share sale, establishing security and financing) to the successful negotiations.

The client was advised by lawyers from DZP’s Corporate and M&A Practice: Piotr Andrzejczak, Bartosz Marcinkowski, Przemysław Furmaga, Adam Pawlisz and Maciej Wasilewski, from our Tax Practice: Joanna Wierzejska and Grzegorz Sprawka, and from our Capital Markets and Financial Institutions Practice: Tomasz Kalicki.

Bounty Brands is a dynamically developing company with diverse operations in the consumer goods sector. The company invests in premium brands on both local and international markets.

Sonko holds a dominant position in its product categories in Poland and is the leader on the rice, rice cakes and light bread market. It is also becoming a more recognisable brand in the healthy snacks and gluten-free category.