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Husch Blackwell Leads Sale of Russell Stover Candies

 
July 01, 2015
 
Client Success

Situation

When the owners of leading chocolatier Russell Stover Candies decided to sell their business, they engaged Goldman Sachs as their financial advisor and Husch Blackwell as their legal team.

Result

The extensive sale process garnered attention from scores of potential buyers. After several discussions and negotiations, the family selected Lindt & Sprüngli as the buyer. The transaction spanned two continents, included multiple manufacturing and retail facilities, US and international tax planning, and antitrust approvals. The deal is recognized as one of the most significant transactions in the food industry.