Standard Nutrition Company (SNC) announced the acquisition of Cactus Family Farms in collaboration with new investment partners, including an investment vehicle affiliated with Ospraie Management, LLC. This acquisition is central to the creation of Passel Farms, a new entity resulting from the realignment of SNC’s investments, resources and partnerships. This strategic move aims to drive future growth and innovation in the agricultural industry.
Latham & Watkins LLP has a corporate transaction team led by partner James Garrett in Houston, partner Justin T. Stolte in Houston/New York, and associate Jameson Miller in Houston, with assistance from associates Zainab Hashmi, Tasbiha Batool, and David Lee. , advised on the Cactus Family Farms transaction. Additionally, Houston partner Tim Fenn and associate Dominick Constantino on tax matters, Houston partner Catherine Ozdogan and associate Michael Basist on financial matters, and Houston/Austin counsel Robert Brown on data privacy matters provide intellectual leadership. Counsel Carrie Girgenti in New York for property matters; partner Nineveh Alkhas and Chicago counsel Laura Waller and associate Jocelyn Wexler in Chicago for employment matters; counsel Krisa Benskin and associate Ashlie Lawton in Houston for benefit matters; and Christina Schrantz, and was advised on real estate matters by partner Robert Frances of San Diego and counsel Aaron Friberg of San Diego. Los Angeles/Houston partner Joshua Marnitz with associate Jacqueline Chan on environmental matters; Washington, D.C. partner Ben Haas with associate Seth Olson on FDA regulatory matters; antitrust matters; partners Ian Connor and Patrick English in Washington, D.C., with associate Doug Tift on hedging matters, partner Yvette Valdez in New York with associate Tiu Remsall on hedging matters, and Los Angeles on insurance matters. partners Drew Levin and Harrison White, and Bay Area partner Nicole Barco handled litigation matters.
