Solina secures majority stake in Italian food leader M.T.A.
Deal News | Dec 03, 2024 | PedersoliGattai
Solina SA, backed by the private equity firm Astorg, has successfully acquired a majority stake in the Italian company M.T.A. which specializes in the processed meat sector within the food industry. This acquisition marks a significant expansion for Solina as it strengthens its position in the European food sector. The law firm PedersoliGattai assisted Solina in this transaction. The legal advisory team was led by partner Ascanio Cibrario, with responsibilities divided among associates for corporate, M&A, labor, antitrust, and golden power aspects, alongside a dedicated team for due diligence. The transaction involved several specialized team members, highlighting the intricate and multifaceted nature of such cross-border corporate deals.
Sectors
- Food and Beverage
- Private Equity
- Legal Services
Geography
- Europe – Solina is a European leader in ingredient and condiment production, and the acquisition involves an Italian company, M.T.A.
- Italy – M.T.A., the target company, is based in Italy.
- France – Solina is a French company, leading the consolidation efforts in Europe.
Industry
- Food and Beverage – The article discusses the acquisition of M.T.A., a leader in the food processing sector, specifically in processed meats.
- Private Equity – Astorg, a private equity firm, is the majority owner of Solina, which orchestrated the acquisition.
- Legal Services – PedersoliGattai provided legal advisory services in this significant transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Solina SA | Acquirer | Company | A European leader in ingredient and condiment production, owned by Astorg. |
| M.T.A. | Target Company | Company | An Italian leader in the food industry, particularly in processed meats. |
| Astorg | Private Equity Firm | Company | A private equity firm with a strong presence in Europe, backing Solina in the acquisition. |
| PedersoliGattai | Legal Advisor | Company | Provided legal advisory services for Solina in the transaction. |
| Ascanio Cibrario | Partner at PedersoliGattai | Person | Led the legal team on corporate and M&A aspects. |