Sidley represented Xiwang Foodstuffs Co., Ltd. (Xiwang Food), a listed company on Shenzhen Stock Exchange, in its recent US$730 million (approximately RMB4.8 billion) acquisition of Canada’s Kerr Investment Holding Corp.

Based in China’s Shandong Province, Xiwang Food is one of the leading players in the healthcare products industry in China. Xiwang Group Company Limited is one of the China's top 500 enterprises. Kerr Investment Holding Corp., based in Oakville, Canada, is a company involved in the development and distribution of nutrition supplement products.

The Sidley multi-office team was led by China based partners Joseph Chan, Mengyu Lu and Lei Li, with support from lawyers from the Sidley Los Angeles, San Francisco and Washington D.C. offices.