Lowis & Gellen Client sells its All Natural Food Businesses to National Food Conglomerate.

August 15, 2003, Chicago - Lowis & Gellen represented the sellers (the "Sellers") in the sale of their all natural food businesses (the "Business") to a national food conglomerate (the "Buyer"). The transaction entailed a combination of cash, preferred equity and junior subordinated debt, and successfully closed today.

Headquartered in Chicago, Illinois, the Business offers a broad line of distinctive natural fresh and cooked sausages and other value added food products to customers nationwide under a nationally recognized brand name. The Buyer, a leading natural and organic meats company, owns interests in companies throughout the country producing organic and natural chicken and beef products. The addition of the Business greatly expands the depth and breadth of the Buyer's already extensive offerings of sausage products.

The Lowis & Gellen team consisted of Jerry Haberkorn, Bob Leavitt and Jim Lechowicz, and exclusively handled all legal aspects of the transaction for the Sellers including negotiating and drafting the purchase, debt and equity structures and documentation.

For more information, please contact:
Jerry Haberkorn(312) 456-2701
geraldh@lowis-gellen.com