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12.10.2019 | Press Release

Nutter served as sole legal advisor to Hälsa Foods, the maker of the first and only 100% clean and organic oat milk yogurt, in connection with its recently announced financing round led by Gary Hirshberg, co-founder and former long-time CEO and chairman of Stonyfield Organic. William J. Bernat, a partner in Nutter’s Corporate and Transactions Department, co-chair of the firm’s Emerging Companies Group, and co-lead of the firm’s Food and Beverage group, advised Hälsa on the transaction.

In addition to Hirshberg, the financing round included Andrew Abraham, the founder and CEO of Orgain, and Danone Manifesto Ventures, the venture arm of Danone. Please click for more information.

Hälsa—Swedish for health—was founded by Helena Lumme and Mika Manninen and sets a new standard for the plant-based milk category by eliminating all food additives and chemicals from the manufacturing process and recipes.

Nutter’s Food & Beverage group represents clients at every stage of growth, including brands, brand executives, retailers, enabling technology companies, angel investors, venture investors, private equity investors, and strategic investors. With a deep understanding of this marketplace, Nutter’s Food and Beverage group is an interdisciplinary team of lawyers with expertise in a wide variety of areas, including corporate organization and structuring; tax planning; angel, venture, and private equity financing; asset based, venture, and traditional lending; vendor, co-packing, and manufacturing arrangements; global distribution and licensing; warehousing and fulfillment; joint ventures; advertising and product placement; and much more.

About Nutter
Nutter is a Boston-based law firm that provides legal counsel to industry-leading companies, early stage entrepreneurs, institutions, foundations, and families, across the country and around the world. The firm’s business and finance, intellectual property, litigation, real estate and land use, labor and employment, tax, and trusts and estates practices are national in scope. The firm was co-founded in 1879 by former U.S. Supreme Court Justice Louis D. Brandeis, before his appointment to the Court. For more information, please visit www.nutter.com and follow the firm on LinkedIn.