Aussie food business advised on $117m IPO
Australian-based, globally orientated food business Nuchev has been advised on its successful $117 million IPO on the ASX.
Firm: Herbert Smith Freehills (Nuchev); Wilsons (lead manager); Reunion Capital Partners (independent financial adviser on the IPO).
Deal: Herbert Smith Freehills has advised Nuchev Limited on its successful $117 million IPO on the ASX. The firm has also acted for Nuchev on its pre-IPO capital and debt raisings, as well as other transactions, since its establishment in 2013.
Value: $117 million.
Key players: The HSF team was led by partner Tim McEwen who was supported by senior associates Sam Kings and Andrew Earle, and solicitors Jennifer Wong and James Paolucci.
Deal significance: Mr McEwen said: “We wish Nuchev all the best as it commences its life as a listed company. The fact that Nuchev was built from scratch over the last six years and is now listed on ASX is a great reflection on its management team and shareholders.”
“We have appreciated the opportunity to work with Nuchev throughout its journey and look forward to continuing to do so”.