Gimoka acquires majority stake in Natfood
Deal News | Dec 13, 2024 | Legal Community Italy
Gimoka, one of Italy's leading coffee roasting companies, has acquired a majority stake in Natfood, a company involved in the hot and cold beverage sector in Italy. The acquisition was made from GF Holding and was legally assisted by Adr Firm. The transaction was financed by a consortium of banks including Unicredit, Banco Bpm, Bper, Banca Popolare di Sondrio, and Mcc-Bdm, which also provided a credit line to support Gimoka's working capital needs in the coffee roasting business. Adr Firm, led by partners Eleonora Netti and Andrea Netti, along with Ludovica Calzecchi Onesti, provided legal assistance to Gimoka, while Deloitte Financial Advisory acted as financial advisor. On the banking side, Greenberg Traurig Santa Maria handled legal aspects of the financing, with Unicredit acting as the coordinator and lead arranger. GF Holding, the seller, and Natfood CEO Luciano Lochis were supported by Baldi&Partners, Gerosa Sollima and Associati, and Pirola Pennuto Zei & associati, under the guidance of Francesca Baldi and Giuliano Sollima, providing legal, financial, tax, and strategic assistance.
Sectors
- Food & Beverage
- Financial Services
- Legal Services
Geography
- Italy – The entire transaction and all entities involved are based in Italy. Gimoka and Natfood are both Italian companies.
Industry
- Food & Beverage – The article discusses an acquisition within the beverage sector, highlighting Gimoka's expansion in the market by acquiring Natfood.
- Financial Services – The transaction was supported by a consortium of banks providing financing and credit lines, which is central to the article.
- Legal Services – Multiple legal advisory firms are mentioned, indicating significant legal assistance in the acquisition process and financing.
Financials
- Not specified – Details of the financial terms of the acquisition are not disclosed. However, a consortium of banks provided financing and credit availability.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Gimoka | Bidding Company | Company | An Italian coffee roasting group acquiring a majority stake in Natfood. |
| Natfood | Target Company | Company | An Italian company active in the hot and cold beverage sector. |
| GF Holding | Selling Company | Company | The entity selling its majority stake in Natfood to Gimoka. |
| Adr Firm | Legal Advisor | Company | Provided legal assistance to Gimoka in the acquisition. |
| Deloitte Financial Advisory | Financial Advisor | Company | Provided financial advisory services to Gimoka for the acquisition. |
| Unicredit | Lead Arranger and Coordinator | Company | Led the financing consortium for the acquisition and a key banking partner. |
| Greenberg Traurig Santa Maria | Legal Advisor | Company | Provided legal advisory for the financing side of the transaction. |
| Baldi&Partners | Legal Advisor | Company | Supported GF Holding and Natfood’s CEO with legal, financial, tax, and strategic assistance. |
| Gerosa Sollima e Associati | Legal Advisor | Company | Assisted GF Holding in the legal aspects of the transaction. |
| Pirola Pennuto Zei & associati | Legal Advisor | Company | Provided additional legal assistance to GF Holding and the seller. |
| Luciano Lochis | CEO of Natfood | Person | CEO of Natfood during the acquisition by Gimoka. |