Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.
Leading global law firm Herbert Smith Freehills Kramer has advised global supply chain giant Li & Fung on its acquisition of UK hosiery, underwear and loungewear producer Orrsum.
Hong Kong
Leading global law firm Herbert Smith Freehills Kramer has
advised global supply chain giant Li & Fung on its
acquisition of UK hosiery, underwear and loungewear
producer Orrsum.
The deal was Li & Fung's first acquisition in over a
decade, and the first since its privatisation in 2020.
Li & Fung manages global supply chains, exporting goods from
over 30 economies to connect brands and retailers. Founded in 1998,
Orrsum designs, produces and delivers over 50 million pairs of
socks annually to more than 5,000 retail stores worldwide.
"Li & Fung is the supply-chain power behind so much of
the clothing and goods that we buy in stores around the
world," said Hong Kong partner Anthony Vasey, who led the deal
team.
"We're delighted to have advised Li & Fung on this
transaction and assist UK success story Orrsum to expand its
products and production to new retail markets worldwide."
Anthony was assisted by associates Yusra Jafar and Praveena N.S.
in Hong Kong.
Additional UK advice was provided by the firm's specialist
teams in London, including tax partner Casey Dalton and senior
associate Perminder Gainda, IP senior associate Giulia Maienza, and
employment partner Christine Young and associate Lydia
Carrington.
Contributor
Herbert Smith Freehills Kramer is a world-leading global law firm, where our ambition is to help you achieve your goals. Exceptional client service and the pursuit of excellence are at our core. We invest in and care about our client relationships, which is why so many are longstanding. We enjoy breaking new ground, as we have for over 170 years. As a fully integrated transatlantic and transpacific firm, we are where you need us to be. Our footprint is extensive and committed across the world’s largest markets, key financial centres and major growth hubs. At our best tackling complexity and navigating change, we work alongside you on demanding litigation, exacting regulatory work and complex public and private market transactions. We are recognised as leading in these areas. We are immersed in the sectors and challenges that impact you. We are recognised as standing apart in energy, infrastructure and resources. And we’re focused on areas of growth that affect every business across the world.
