A&O Shearman advises borrower on financing package for Eat Happy investment

A&O Shearman advised the borrower on the financing package for the investment in Eat Happy Group, a European specialist in Asian convenience food, in connection with the planned combination of Eat Happy Group and the European operations of Hana Group, a French producer and distributor of freshly prepared sushi and pan-Asian cuisine-to-go. The combination is expected to create a platform for fresh Asian convenience food in Europe.

Deal details

The transaction involves the merger of Eat Happy Group’s operations with Hana Group’s European business, bringing together two players in the ready-to-eat Asian food segment. A&O Shearman’s role centred on structuring the financing package supporting the borrower’s investment in the combined platform.

The A&O Shearman team

The A&O Shearman team advising on the financing was led by global co-head of private equity and sponsor finance Neil Sinha (London) and debt finance partner Rauni Ahammer (Munich). The team further included sponsor finance partner Xinni Lim (London), finance partner Andreas Hommel (Luxembourg) and tax partner Heike Weber (Frankfurt). Senior associates Fraser Jackson and Julia Bräuer, both working on finance matters between London and Munich, also advised on the deal, alongside associates Jack Mellett, Edward Crosby and Athanasios Giannakakos (finance, London and Munich), Pit Elcheroth (finance, Luxembourg) and Nico Schweitzer (tax, Frankfurt).

Pictured: Neil Sinha (left) and Rauni Ahammer (right)