Akin Advises TruFood Manufacturing in Combination with Bar Bakers

May 6, 2024

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(New York) – Akin advised Mubadala Capital and its portfolio company TruFood Manufacturing, a leading U.S. contract manufacturer specializing in better-for-you nutrition bars, chocolate and baked granola, in a combination with Bar Bakers, LLC, a leading contract manufacturer of branded nutrition and protein bars, baked bars and cookies and wafer bars.

Mubadala Capital is the wholly owned asset management subsidiary of Mubadala Investment Company, a leading global sovereign investor headquartered in Abu Dhabi, UAE.

The combination of TruFood and Bar Bakers is expected to create a market leader in nutritional snacks with a significant footprint across product categories and geographies.

The Akin team was led by private equity partners Sergio Urias, Daniel Tavakoli and Amy Wollensack, and included debt finance partner Meng Ru; counsel Valerie Etienne, and associates Andrew Stubbs and Neal Kapoor.

The wider Akin team included partners Menachem Danishefsky (tax), Wells Miller (executive compensation), Nathan Oleson (labor), David Vondle (intellectual property), John Bain (real estate), David Quigley (environmental), Natasha Kohne (privacy), Kapil Pandit (Funds) and Craig Bleifer (FDA).

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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