NovaTaste's Strategic Acquisition of Tec-Al's Business Finalized
Deal News | Jul 08, 2025 | Legal Community Italy
NovaTaste, a global leader in taste innovation with operations across Europe, America, and Asia, has successfully completed the acquisition of Tec-Al's high-quality savory solutions business. This acquisition was legally overseen by DLA Piper, with their multi-disciplinary team providing comprehensive legal guidance. Deloitte assisted NovaTaste on tax issues. Tec-Al was advised by MEDA Consulting and a consortium of firms including AGFM and Bird & Bird, handling various aspects of the transaction. This strategic acquisition will likely enhance NovaTaste's capabilities and presence in the market.
Sectors
- Food and Beverage Manufacturing
- Legal Services
- Financial Advisory
Geography
- Italy – The transaction involves Italian companies, with several Italian legal and consulting firms participating in the acquisition process.
- Europe – NovaTaste is a global operator with a significant presence in Europe, and Tec-Al is based in Italy, making Europe a central geography for the deal.
Industry
- Food and Beverage Manufacturing – NovaTaste and Tec-Al operate within the food and beverage sector, specifically focusing on flavor innovation and production of savory solutions.
- Legal Services – Multiple law firms, including DLA Piper and Bird & Bird, provided legal services for the transaction, advising on various aspects such as contracts, corporate law, real estate, and regulation.
- Financial Advisory – The involvement of Deloitte and MEDA Consulting highlights the importance of tax and financial structuring advisory in the acquisition process.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NovaTaste | Acquirer | Company | A global operator specializing in taste innovation with over 2,300 employees worldwide. |
| Tec-Al | Target Company | Company | Producer of high-quality savory solutions, known for their innovation in the food industry. |
| DLA Piper | Legal Advisor | Company | Provided comprehensive legal services to NovaTaste for the acquisition. |
| Deloitte | Tax Advisor | Company | Advised NovaTaste on tax-related aspects of the acquisition. |
| MEDA Consulting | Financial Advisor | Company | Assisted Tec-Al in the coordination and financial structuring of the operation. |
| AGFM | Legal and Fiscal Advisor | Company | Assisted Tec-Al with the structuring and fiscal aspects of the deal. |
| Bird & Bird | Legal Advisor | Company | Provided legal counsel on contracts and corporate matters for Tec-Al. |
| Busani&Partners | Notarization Services | Company | Provided notarization services required for the transaction. |