Exciting Developments for the Global Consumer Investment Banking Group
In 2021, the team has advised on several U.S., European, and cross-border M&A transactions in the bakery and dairy sectors exceeding $1.3 billion in value including the sale of Decopac, the leading U.S. cake decoration business to Private Equity firm Kohlberg & Co., the sale of HEMA Bakeries, the leading Dutch bakery platform to BACU, and the sale of Leerdammer, the leading pan European branded cheese business by Bel Group to Lactalis Group. In addition, the team had a number of transactions where they have had Co-Manager roles in IPOs including Sweetgreen, Lifetime Fitness, and Oatly. The Consumer team has also been executing cross-border capital raises, SPAC advisory, and ATM equity offering transactions in its CBD/Cannabis segment.
The Consumer team continues its expansion and build-out of the team with the appointment of Jean-Marie Gianni as Managing Director based in New York with primary focus on the Health & Beauty and Personal Care markets. Mr. Gianni was previously with Moelis as a senior member of their practice in these sectors. This follows the appointment of James Murray, as managing director in our London office at the end of 2020 to further expand the European and cross-border consumer franchise.
Given the ever-increasing focus on the importance of Personal Care and Health & Wellness, as well as Food & Beverage in the consumer space, Oppenheimer is well-positioned to provide its corporate and private equity clients with seamless global coverage across every segment.