AarhusKarlshamn acquires Oasis Foods Company
AarhusKarlshamn AB (publ) has acquired Oasis Foods Company, a Hillside, New Jersey-based maker of edible oils, margarine, spreads, shortenings, vinegars, mayonnaise and sauces for the food service industry.
AarhusKarlshamn is one of the world’s leading producers of high value-added specialty vegetable oils and fats with production facilities in Denmark, Mexico, the Netherlands, Sweden, United Kingdom, Uruguay and USA. The company is listed on NASDAQ OMX Stockholm. Oasis employs approximately 160 people and had revenues of approximately SEK 925 million in 2011.
AarhusKarlshamn was advised in the transaction by Mannheimer Swartling, with Morgan, Lewis & Bockius LLP acting as local counsel. Mannheimer Swartling’s team was led by partner Niklas Bogefors, assisted by senior associate Per Åsbrink.