April 24, 2023
Weil is advising A&M Capital Europe on the acquisition of a majority stake in World of Sweets and Bobby’s (together known as IBG), a leading brand owner and tech-enabled distributor of confectionery, baked goods and savory snacks into the convenience retail, specialty, wholesale and grocery channels, from Sculptor Capital Management, Inc.
The Group serves a diverse base of 60,000-plus customers and owns brands that include Bobby’s, Bonds of London, Kingsway, Crazy Candy Factory and Candy Realms whilst partnering with major international brands, including Pez, Nerds and Tootsie.
The Weil team is being led by Private Equity partner Simon Lyell, with support from counsel Kirstin Fyffe and associates Douglas Collins, Fiona Coffee, Ada Lam and Margaret Babalola. The team also includes: Finance partner Chris McLaughlin, counsel Tanya Jain and Alex Eagle; Tax partner Oliver Walker and associate Oliver Rosshandler.