Georgoudis Joins Forces with Aceitunas Guadalquivir, Supported by Alantra Private Equity
Deal News | Jan 29, 2025 | CEE Legal Matters
The recent partnership between Georgoudis Parthenon, a long-standing Greek producer and exporter of olives and other Mediterranean food products, and Aceitunas Guadalquivir (AG), a prominent Spanish firm in the olive sector, has been facilitated by legal advisory from Bernitsas. This venture is supported by Alantra Private Equity. AG's acquisition of a stake in Georgoudis is expected to aid the latter's international market expansion. Although inquiries to Bernitsas for further details went unanswered, the transaction underscores a strategic move towards strengthening Georgoudis' presence in the global olive market. The legal team from Bernitsas that orchestrated the support comprises notable partners such as Maria Nefeli Bernitsa, Lambros Belessis, and Fotodotis Malamas, alongside Counsel Anastasia Mallerou and Junior Associate Marinos Shiapanis.
Sectors
- Agriculture
- Private Equity
- Legal Services
Geography
- Greece – Georgoudis Parthenon is based in Greece and is expanding its international presence through this deal.
- Spain – Aceitunas Guadalquivir is a Spain-based company operating extensively in the olive industry.
Industry
- Agriculture – The article involves companies that are involved in the production and export of agricultural products, specifically olives.
- Private Equity – Alantra Private Equity's involvement signifies the role of investment support in facilitating cross-border mergers and expansions in the agricultural sector.
- Legal Services – Bernitsas provided legal advisory services for the partnership, indicating the industry's role in facilitating international transactions.
Financials
- Not disclosed – The financial details or the size of the stake acquisition were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Georgoudis Parthenon | Target Company | Company | Greek producer and exporter of olives and other Mediterranean food products. |
| Aceitunas Guadalquivir | Bidding Company | Company | Spain-based company operating in the olive sector, acquiring a stake in Georgoudis. |
| Alantra Private Equity | Private Equity Support | Company | Provides investment backing for Aceitunas Guadalquivir's acquisition of a stake in Georgoudis. |
| Bernitsas | Legal Advisor | Company | Legal firm advising Georgoudis on the partnership with Aceitunas Guadalquivir. |