M.T.A.: Acquired by Solina in Major Deal
Deal News | Dec 03, 2024 | PedersoliGattai
Solina SA, backed by Astorg Fund, has successfully acquired a majority stake in M.T.A., an Italian frontrunner in the processed meat sector. The move is a strategic expansion for Solina, underlining its position as a leader in the production of ingredient blends and seasonings within the food industry. The deal was facilitated by the legal expertise of PedersoliGattai, an esteemed law firm advising on corporate, M&A, labor, antitrust, and due diligence issues. This acquisition aligns with Solina's growth strategy, enhancing its capacity to deliver innovative solutions across the European food industry. The transaction signifies a broader trend in the food sector, where integration and consolidation are boosting company capabilities to better serve the market.
Sectors
- Food Industry
- Legal Services
- Private Equity
Geography
- Italy – M.T.A., the target company, is a leading player in the Italian processed meat sector.
- Europe – Solina, with the support of Astorg Fund, operates primarily across the European market.
Industry
- Food Industry – The article focuses on companies within the food industry, particularly those involved in ingredient blends, seasonings, and processed meats.
- Legal Services – PedersoliGattai provided extensive legal services, including corporate, M&A, labor law, and antitrust aspects, crucial to the acquisition process.
- Private Equity – Astorg Fund's backing of Solina's acquisition indicates significant private equity involvement enhancing the deal's execution.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Solina SA | Bidding Company/Buyer | Company | A European leader in ingredient blends and seasonings within the food industry, owned by Astorg Fund. |
| M.T.A. | Target Company | Company | An Italian company specializing in the processed meat sector. |
| Astorg Fund | Private Equity Firm | Company | The PE firm backing Solina in its acquisition of M.T.A. |
| PedersoliGattai | Legal Advisor | Company | A legal advisory firm overseeing various aspects of the Solina-M.T.A. transaction. |