Pinsent Masons advises Cerealis on Cerealto pasta business acquisition
Pinsent Masons has advised Cerealis Produtos Alimentares, a century-old agri-food group specialising in products derived from cereal processing and with a strong international presence, on the acquisition of the business line dedicated to the manufacture and distribution of pasta from the Cerealto Foods group.
The transaction has been structured through the acquisition of all the shares in the Cerealto Foods group subsidiary that owns the relevant business line. The transaction is subject to obtaining the necessary clearance from the competition authorities in Spain (Comisión Nacional de los Mercados y la Competencia) and Portugal (Autoridade da Concorrência).
The Pinsent Masons Corporate team was led by Francisco Aldavero Bernalte (partner), with the assistance of Tatiana Fernández de Casadevante Aguirreche (senior Associate), Alejandro Mas Deudero (associate) and Lucía Rodríguez-Arias Fernández, and with the collaboration of the real estate team, led by José Luis García-Manso (partner), together with Fernando Bazarra (associate) and Ana Clavijo Ágreda.
The TMT and Regulatory teams also provided support during the due diligence process, led by Paloma Bru (partner), with the assistance of Pablo Lizárraga Villanueva (associate), Carmen Redondo Adell (associate) and Gonzalo Llatas Marcos, as well as Hermenegildo Altozano (energy partner).
Pictured, from left to right, Francisco Aldavero Bernalte, Tatiana Fernández de Casadevante Aguirreche, and Alejandro Mas Deudero.
