Ulusoy acquires Pastificio Mediterranea from Cerealto
Deal News | Nov 07, 2024 | Legal Community Italy

Ulusoy Un, a Turkish food company listed on the Istanbul Stock Exchange, has acquired Pastificio Mediterranea, an Italian company under the brand Moccagatta, from the Cerealto Group. The advisory for Ulusoy's acquisition was provided by Pirola Pennuto Zei & Associati, wherein partner Luca Fossati and associate partner Giovanni Cereda led the fiscal aspects, while the legal intricacies, including due diligence and contractual negotiations, were managed by partner Andrea Gottardo and senior associate Simone Stefani. On the selling side, the Spanish firm Djv by RocaJunyent, supported by the Lexpertise legal network, advised the Cerealto Group with partner Carlos Cabeza de Vaca Aldanondo overseeing the legal aspects. This transaction marks a strategic entry for Ulusoy into the Italian market, expanding its footprint in the pasta sector.
Sectors
- Food & Beverage
- Legal Services
Geography
- Turkey – Ulusoy Un, the acquiring company, is based in Turkey and listed on the Istanbul Stock Exchange.
- Italy – Pastificio Mediterranea, the target company, operates in the Italian pasta industry.
- Spain – Djv by RocaJunyent, the legal advisors for the selling company, has a base in Spain.
Industry
- Food & Beverage – This acquisition involves Ulusoy Un, a Turkish food company, acquiring Pastificio Mediterranea, which is engaged in the pasta business.
- Legal Services – Legal advisory played a crucial role in the transaction, with Pirola Pennuto Zei & Associati and Djv by RocaJunyent providing services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ulusoy Un | Bidding Company | Company | A Turkish food company listed on the Istanbul Stock Exchange. |
| Pastificio Mediterranea | Target Company | Company | An Italian pasta company under the brand Moccagatta. |
| Cerealto Group | Selling Company | Company | The vendor in this transaction, previously owning Pastificio Mediterranea. |
| Pirola Pennuto Zei & Associati | Legal Advisor to buyer | Company | Provided legal and fiscal advisory services to Ulusoy Un for the acquisition. |
| Djv by RocaJunyent | Legal Advisor to seller | Company | Advised the Cerealto Group on legal matters related to the transaction, supported by Lexpertise legal network. |