Weil Advises NEOGEN Corporation in its Pending $5.3B Combination with the Food Safety Business of 3M

Weil is advising NEOGEN Corporation, a developer and marketer of comprehensive solutions dedicated to food and animal safety, in its pending $5.3 billion combination with the Food Safety business of 3M, a provider of testing products used to monitor allergens, pathogens and contaminates in food manufacturing processes, in a Reverse Morris Trust transaction that implied an enterprise value of the combined company of $9.3 billion. The transaction is expected to close by the end of the third quarter of 2022, subject to customary closing conditions and regulatory approvals.

The Weil team advising NEOGEN Corporation is led by Mergers & Acquisitions partner Michael J. Aiello and includes Mergers & Acquisitions partner Eoghan Keenan, Mergers & Acquisitions counsel Megan Pendleton (elected partner effective January 1, 2022) and Mergers & Acquisitions associates Michelle Sargent (elected partner effective January 1, 2022), Joseph ChoThomas TsatsisEmily Ross and Victor Wang. The team also includes Tax Head Joseph Pari; Tax partner Graham Magill; Tax counsel Eric Behl-Remijan (elected partner effective January 1, 2022); Tax associate Nathan Gusdorf; Executive Compensation & Benefits Head Paul Wessel; Executive Compensation & Benefits partner Aimee Adler; Executive Compensation & Benefits associates Radhika Tahiliani and Ace Szmolyan (Not Yet Admitted in New York); Technology & IP Transactions Head Michael Epstein; Technology & IP Transactions/Privacy counsel Dennis Adams (elected partner effective January 1, 2022) and Alexa Chu Clinton; Technology & IP Transactions/Privacy associates Catherine KimRami Sherman and Maryann Thompson; Banking & Finance partners Gabriel Gregson and Nitin Konchady; Banking & Finance associate Alicia Shen; Capital Markets partner Frank Adams; Environmental Head Annemargaret Connolly; Regulatory Transactions counsel John O’Loughlin; Antitrust partner Megan Granger; Antitrust associates Robert Dahnke and Elizabeth Ross; Employment Litigation counsel Ami Zweig; and Complex Commercial Litigation associate Fredrick Rhine. The London team includes Employment Litigation counsel Ivor Gwilliams and Thomas Weatherill and Employment Litigation associate Edward Dickinson.