PHOENIX, Ariz. (March 25, 2014) - Perkins Coie represented client Penford Corporation (NASDAQ: PENX), a leader in ingredient systems for food and industrial applications, in its approximately $10 million acquisition of Gum Technology, a privately held gum and hydrocolloids distribution, blending and services company.  Gum Technology serves primarily the food and beverage industries. 

Led by Phoenix partner Raj Gangadean, the Perkins Coie team included Chicago partner Susan Daley, Phoenix partner Daniel Barr, Portland partner Danielle Benderly, Washington, D.C. partner Sarah Zhao and Phoenix associate Daniel Fuller.

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