On May 16, 2017, Synutra International, a leading infant formula company in China, announced that it has completed its merger with Beams Power Merger Sub Limited, a special-purpose vehicle controlled by a buyer group led by Synutra's founder and chief executive officer. As a result of the merger, the buyer group acquired Synutra in a cash transaction valued at approximately $107 million. Wilson Sonsini Goodrich & Rosati acted as U.S. and Delaware legal counsel to Synutra in the transaction.
The WSGR team that advised Synutra in the transaction included:
Corporate:
Dan Ouyang, Partner
Ke Li, Associate
Erwin Qin, PRC Legal Consultant
Delaware Corporate:
Amy Simmerman, Partner
Ryan Greecher, Of Counsel
Litigation:
Brad Sorrels, Partner
David Berger, Partner
Rodney Strickland, Partner
Lori Will, Associate
Tax:
Jonathan Zhu, Partner
Myra Sutanto Shen, Partner
For more information, please see Synutra's press release.