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Thompson Hine LLP, a full-service business law firm with approximately 400 lawyers in 8 offices, was ranked number 1 in the category “Most innovative North American law firms: New working models” by The Financial Times and was 1 of 7 firms shortlisted for The American Lawyer’s inaugural Legal Services Innovation Award. The firm has been recognized by the National Law Journal as a Legal Technology Trailblazer and featured by Bloomberg for its innovative service delivery models, which drive accuracy and predictability. The firm’s commitment to innovation is embodied in Thompson Hine SmartPaTHTM – a smarter way to work – predictable, efficient and aligned with client goals. For more information, please visit ThompsonHine.com and ThompsonHine.com/SmartPaTH.

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Thompson Hine LLP advised Emmi Roth USA, Inc., an affiliate of Switzerland-based Emmi Group, on the <a href="https://www.emmiroth.com/emmi-roth-expands-its-range-of-specialty-cheeses-with-addition-of-athenos/" target="_self" rel="noopener">purchase of the assets of the Athenos business</a>&nbsp;from France-based Groupe Lactalis. The sale by Groupe Lactalis was mandated by the U.S. Department of Justice (DOJ) in connection with Lactalis’ acquisition of The Kraft Heinz Company’s natural and specialty cheese businesses.

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Emmi Roth’s acquisition of Athenos, which includes the No. 1 feta cheese brand in the United States, complements its extensive range of high-quality specialty cheeses. The transaction further strengthens the company’s position in the U.S. market and creates additional export opportunities for Swiss cheeses due to Athenos’ strong presence in the U.S. retail and food service sectors.

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Emmi Roth is an industry leader in providing the nation’s most popular specialty cheeses. It operates three production facilities in Wisconsin and supplies retail and food service customers nationwide with locally produced, high-quality specialty cheeses as well as cheeses imported from Switzerland.

The DOJ Antitrust Division required Lactalis to divest the Athenos business in order to proceed with its acquisition of The Kraft Heinz Company’s natural and specialty cheese businesses. In the course of its review of the divestiture, the DOJ approved Emmi Roth as a buyer of Athenos. In 2020, Athenos generated net sales of almost $90 million.

Corporate M&amp;A Partners <a href="https://www.thompsonhine.com/professionals/chaiken-frank" target="_self" rel="noopener">Frank Chaiken</a> (Cincinnati/Chicago), head of the firm’s Corporate Transactions &amp; Securities practice, and <a href="https://www.thompsonhine.com/professionals/off-emma" target="_self" rel="noopener">Emma Off</a> (Cincinnati) led the transaction, with support on divestiture- and DOJ-related issues from antitrust Partner Josh Shapiro (Washington, D.C./New York).

Thompson Hine’s nationally recognized corporate practice primarily advises clients on corporate transactions; corporate finance and compliance, including corporate governance, securities transactions and reporting compliance; M&amp;A; joint ventures; and fund formation (private equity, venture) and related transactions. The practice and its lawyers are regularly identified as industry leaders in <a href="https://www.thompsonhine.com/news/thompson-hine-earns-first-tier-rankings-in-chambers-usa-8" target="_self" rel="noopener">Chambers USA: America’s Leading Lawyers for Business</a>&nbsp;and <a href="https://www.thompsonhine.com/news/legal-500-recognizes-several-thompson-hine-practices-lawyers-1" target="_self" rel="noopener">The Legal 500</a>.

Thompson Hine Advises Emmi Roth USA on Athenos Acquisition

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