Global law firm DLA Piper has advised iconic Australian fruit and vegetable processor SPC Global on its reverse merger with ASX listed The Original Juice Co. (renamed SPC Global Holdings Ltd), and concurrent acquisition of the powdered milk business of Nature One Dairy.

These transactions will see SPC expand from being the largest local producer of fruit, tomatoes, baked beans and spaghetti in Australia, to a market-leading agribusinesses with significant scale and a diversified product offering including chilled fruit juices and drinks, and a range of infant, child and adult nutritional powdered milk products.

DLA Piper corporate partners David Ryan and Kelly Morrison, along with finance partner Hugo Thistlewood, tax partner Eddie Ahn as well as teams in Singapore and Hong Kong, supported SPC with the transaction.

“The expansion into diversified product offerings in juices and dairy products provides SPC with multiple new channels to drive business growth and unlock the potential for possible further acquisitions,” said David.

“With a storied place in Australia’s food history since its inception in 1917, these transactions will ensure SPC continues to be one of Australia’s most iconic agribusinesses. We were delighted to support them as they embark on their next phase of growth,” said Kelly.

DLA Piper’s global presence, with more than 11,000 colleagues in over 40 countries, provides clients with integrated solutions to their business needs around the world, wherever they do business. For the 14th consecutive year, DLA Piper was the highest-ranked legal advisor in the world for M&A by deal volume, according to Mergermarket’s league tables. We advise leading consumer goods, food and beverage, and retail and fashion companies, many of the largest in their industries, helping them create commercial opportunities to protect and grow their brands.