Berkshire, Heinz Acquisition Named IFLR’s Private Equity Deal of the Year

Munger, Tolles & Olson received International Financial Law Review’s (IFLR) “Americas Private Equity Deal of the Year” award on March 27, 2014 for representing Berkshire Hathaway which, in conjunction with 3G Capital, acquired H.J Heinz Company for $28 billion.

The 9th Annual IFLR Americas Awards were presented in New York with top honors awarded for 2013 deal leaders in the categories of cross-border deals, teams and firms. Legal innovation is the sole criteria for IFLR awards and IFLR rewards “deals that break new legal ground and set market precedents.”

Berkshire Hathaway and a fund managed by global investment firm 3G Capital acquired H.J. Heinz Company, one of the world’s leading producers of convenient and affordable foods in what was called the largest deal ever in the food industry. The transaction, announced in February 2013 and closed in June 2013, was unusual for Berkshire, in that the company partnered with 3G Capital in a joint transaction.

The Munger Tolles team included Robert E. Denham, Mary Ann Todd, Judith T. Kitano, Stephen D. Rose, Brett J. Rodda and Sarah L. Graham.