Addleshaw Goddard Facilitates Seaya's Majority Stake Acquisition in Baïa Food

Deal News | Apr 29, 2025 | Addleshaw Goddard

Addleshaw Goddard Facilitates Seaya's Majority Stake Acquisition in Baïa Food

Addleshaw Goddard, a renowned legal advisor, has played a pivotal role in advising Seaya Andromeda, a prominent venture capital and private equity manager, on acquiring a majority stake in Baïa Food. With a specialization in technology and sustainability, Seaya Andromeda's latest investment in Baïa Food, Spain's leading operator in the digestive health and wellness supplement sector, signifies a strategic enhancement of its portfolio. This acquisition was facilitated through the Seaya Andromeda fund, noted for its rapid growth in Southern Europe focusing on digitalization and technological advancements for sustainability with assets amounting to 300 million. This strategic move aligns with Seaya’s commitment to address sustainable development goals while reaping significant returns by investing in technology-centric companies across various domains such as energy, decarbonization, and the food value chain. Baïa Food, known for its clean-label, scientifically-backed powdered supplements devoid of artificial additives, is now poised for international expansion fueled by Seaya’s investment. The transaction was expertly managed by a multidisciplinary team from Addleshaw Goddard, demonstrating a blend of corporate expertise and technological insight.

Sectors

  • Venture Capital and Private Equity
  • Health and Wellness
  • Legal Advisory
  • Technology and Sustainability

Geography

  • Spain – Baïa Food is based in Spain, and the article highlights its status in the Spanish market.
  • Southern Europe – Seaya Andromeda is noted for being the fastest-growing fund in Southern Europe, emphasizing its geographical focus.

Industry

  • Venture Capital and Private Equity – The article discusses the involvement of Seaya Andromeda, a venture capital and private equity firm, in acquiring a stake in Baïa Food.
  • Health and Wellness – Baïa Food operates in the digestive health and wellness sector, specializing in natural food supplements.
  • Legal Advisory – Addleshaw Goddard provided legal advisory services for the transaction.
  • Technology and Sustainability – Seaya Andromeda focuses on investments in technology and sustainability-related businesses.

Financials

  • 300 million – Assets under management by the Seaya Andromeda fund.

Participants

NameRoleTypeDescription
Addleshaw GoddardLegal AdvisorCompanyA legal advisory firm assisting Seaya Andromeda in the majority stake acquisition of Baïa Food.
Seaya AndromedaInvestorCompanyA venture capital and private equity firm investing in technology and sustainability-focused companies.
Baïa FoodTarget CompanyCompanyA leading company in Spain focused on digestive health and wellness food supplements.
Germán CabreraPartner, Addleshaw GoddardPersonCoordinated the multidisciplinary team advising Seaya on the transaction.
Fátima García de la TorreSenior Associate, Addleshaw GoddardPersonPart of the team advising Seaya on the transaction.
César BárcenasAssociate, Addleshaw GoddardPersonInvolved in advising Seaya on the transaction.
Jorge López-ReyAssociate, Addleshaw GoddardPersonInvolved in advising Seaya on the transaction.
Samuel MartínezCounsel, Addleshaw GoddardPersonProvided technological insights for the transaction.
Beatriz QuetglasAssociate, Addleshaw GoddardPersonPart of the New Technology department advising Seaya.