Mills & Reeve ranked as one of the top firms for China PE exit deals

Law firm Mills & Reeve has been ranked joint third by China Law Business Journal, based on value for Private Equity (PE) exit deals.

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Mills & Reeve was ranked joint third with Linklaters and Ropes & Gray. Han Kun Law Offices and Davis Polk & Wardwell are ranked first and second respectively.

Earlier this year, Mills & Reeve advised the management team of Weetabix on its sale to US firm Post Holdings for £1.4 billion, following on from the £1.2 billion deal in 2012 which saw Chinese company Bright Food acquire a 60 per cent stake in the iconic breakfast brand. This deal involved working with other advisers in the UK, US, China and Hong Kong, and the significant value saw Mills & Reeve included on the ranking.

The firm has been investing in its international practice and has seen great progress, working on strategic partnerships with a number of prestigious Chinese law firms in target sectors and regions.

Nick Finlayson-Brown, who heads up the China desk for Mills & Reeve, said: “We have been working alongside our best friend firms in China to ensure we can offer our clients a streamlined service wherever they do business. We have seen an increase in businesses requiring specialist advice incorporating both Chinese and UK law and expect this trend to continue.

Our inclusion in the ranking demonstrates the way in which we support multi-jurisdictional projects for international clients investing in China and Chinese clients investing outside the PRC.”

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