Grant Thornton is pleased to congratulate the shareholders of Lamb Weston Holdings Inc. (Lamb Weston), a leading Idaho based American food processing company, on their acquisition of the Australian based frozen potato processor Marvel Packers Pty Ltd.

Grant Thornton assisted Lamb Weston in the financial and tax due diligence requirements and provided advice in managing the completion process – all of which has resulted in a great result for all parties. The transaction highlighted Grant Thornton’s ability to leverage our international networks to assist our clients, with the introduction of Lamb Weston made through our Wisconsin practice in the United States.

We are pleased to have worked with Lamb Weston on this transaction, and we look forward to following the success of Marvel Packers as it leverages the backing of its listed shareholder to expand its operations and product range throughout the Australian market.