Weil Gotshal & Manges and Baker & McKenzie have taken lead roles on the €250m (£212.2m) private equity disposal of two European food distribution companies.

South African trading and distribution company Bidvest is to acquire the Czech Republic’s Nowaco and Poland’s Farutex from funds associated with JP Morgan, and managed by CCMP Capital Advisors, and from Bancroft Private Equity.

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