The Firm is representing KKR in connection with its pending investments in Masan Group Corporation (HOSE: MSN) and its branded meat platform, Masan Nutri-Science, which are comprised of a US$100 million purchase of secondary shares of Masan Group Corporation from PENM Partners, an independent Danish private equity company, and a US$150 million primary investment in Masan Nutri-Science for a 7.5% stake.
Masan Group Corporation (HOSE: MSN) is one of Vietnam’s largest private sector companies, whose member companies and associates are industry leaders in meat, packaged food and beverage, resources, and financial services, altogether representing segments of Vietnam's economy that are experiencing the most transformational growth.
Masan Nutri-Science, a subsidiary of Masan Group Corporation, is Vietnam's largest fully integrated (“feed-farm-food” business model) branded meat platform, which is focused on driving productivity in Vietnam's animal protein industry and ultimately directly serving consumers with traceable, quality and affordable meat products.
The Firm previously represented KKR in its US$359 million investment in, and subsequent exit from, Masan Consumer (a subsidiary of Masan Group Corporation).
The Simpson Thacher team working on this deal includes Ian Ho, Erik Wang and Sonya Ho (M&A); and David Vann and Étienne Renaudeau (Regulatory).