Vivartia Sells Dodoni to Hellenic Dairies with Regulatory Hurdles
Deal News | Jul 09, 2025 | CEE Legal Matters
Vivartia Group, advised by Bernitsas, has agreed to sell its dairy subsidiary Dodoni to Hellenic Dairies. However, the completion of the transaction is pending regulatory approval. Previously, Bernitsas advised Vivartia on a EUR 25 million bond loan in 2024. The legal team involved in the advisory for this sale includes partners and associates from Bernitsas. No further response has been provided by Bernitsas on this matter.
Sectors
- Dairy Industry
- Legal Advisory
Geography
- Greece – Both Vivartia Group and Bernitsas, along with the target company Dodoni, are based in Greece, making it the primary geographical focus.
Industry
- Dairy Industry – The article discusses the sale of Dodoni, a company operating in the dairy industry, highlighting its relevance.
- Legal Advisory – Bernitsas provided legal counsel for the transaction and bond issuance, underlining the role of legal advisory in M&A activities.
Financials
- EUR 25 million – The amount related to the bond loan advised by Bernitsas for Vivartia Holdings in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vivartia Group | Vendor | Company | Vivartia Group is the selling company in the transaction of Dodoni to Hellenic Dairies. |
| Dodoni | Target Company | Company | Dodoni is the dairy company being sold to Hellenic Dairies. |
| Hellenic Dairies | Buyer | Company | Hellenic Dairies is the purchasing entity acquiring Dodoni from Vivartia Group. |
| Bernitsas | Legal Advisor | Company | Bernitsas advised Vivartia Group on the sale of Dodoni and on the EUR 25 million bond loan. |