Arnold & Porter Advises AUI in Sale to Roland Foods
Arnold & Porter recently advised Albert Uster Imports, Inc. (AUI) in its sale to Roland Foods, LLC (Roland Foods), a portfolio company of Vestar Capital Partners.
AUI, based in Maryland, has been a leading importer of specialty pastry, bakery, and confectionary products to professional chefs and bakers for 50 years. Through the acquisition of AUI, Roland Foods will double its portfolio of specialty products, increase its pastry and confectionary offerings, and gain entry into the frozen and refrigerated food categories. In turn, AUI will use the resources of Roland Foods to accelerate its plans for product and customer expansion.
The Arnold & Porter team included Corporate & Finance partners Steven Kaplan and Edward Deibert and senior associate Diem-Mi Lu; Tax counsel William Needle; Compensation & Benefits counsel Douglas Pelley; Intellectual Property partner Thomas Magnani, counsel Anna Manville, and senior associate David Hung; and Labor & Employment counsel Joshua Alloy.