Simpson Advises Lion Capital In Bumble Bee Deal

Law360, New York (November 5, 2010, 5:10 PM EDT) -- U.K.-based investment firm Lion Capital LLP has agreed to buy the operating companies of Bumble Bee Foods LLC, best known for its canned tuna fish, from private equity firm Centre Partners Management LLC for an undisclosed sum.

Lion Capital said Thursday that it expected the deal to be complete by the end of the year. While it did not disclose the financial terms, it noted that Bumble Bee generated $940 million in net revenue in 2009.

Based in San Diego, Calif., Bumble Bee is the largest...
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