Global law firm Clifford Chance has advised ED&F Man Holdings Limited, one of the world’s leading providers of soft commodities and logistics, in relation to an exclusive agreement with Hartree Partners, LP, a global energy and commodities trading company, to dispose of ED&F Man Commodities’ three business units: Volcafe (coffee), ED&F Man Liquid Products (molasses, animal feeds and fish oil) and ED&F Man Sugar. Concurrently, Hartree has acquired the majority of ED&F Man Commodities’ outstanding A2 and B1 Senior Secured Legacy Debt.
The cross practice Clifford Chance team was led by Corporate M&A partners Melissa Fogarty and Dominic Ross, senior associates Catherine Freeman and Sophie Stratton and associates Isabella Risino and Shayan Junaid. Employment advice was provided by partner Chinwe Odimba-Chapman and director Amy Bird, incentives advice was provided by director Juliette Graham and associate Leon Kidd and pensions advice by partner Clare Hoxey and associate Lauren Sutcliffe. Partner Nicola Hemsley and associate Viktoria Parkhomenko advised on tax. Partner Don McCombie advised on IP matters, supported by a Tech and Digital team including partner Zayed Al Jamil, Michael Evans, Mark Comber and Adam Hunter on the transitional services workstream. US law elements were handled by partner Cephas Sekhar and associate Jordan Mack from the Houston office.
