Aussie food business advised on $117m IPO

By Jerome Doraisamy|12 December 2019

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.

Area: Corporate.

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”.

Aussie food business advised on $117m IPO
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