Morgan Lewis Advises AAK On Purchase Of Golden Brands

Law360, New York (July 1, 2011, 1:37 PM EDT) -- Swedish fats and oils supplier AarhusKarlshamn AB said Friday it had acquired Kentucky-based Golden Brands LLC, a maker of shortenings used in baking.

The deal, which AAK said would bolster its presence in the U.S., marks a further constriction of the ingredients market following DuPont Co.'s recent acquisition of Denmark's Danisco AS and Corn Products International Inc.'s purchase last year of Akzo Nobel NV's National Starch.

Financial terms of AAK's acquisition of Golden Brands were not disclosed.

"It significantly strengthens our ability to supply existing and...
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