Dentons advises on Smileat stake sale

Dentons has advised the selling shareholders and Smileat on the sale of a controlling stake to Seaya Andrómeda and other co-investors, in a transaction designed to bolster the Spanish organic baby food company’s growth strategy both domestically and abroad.

Founded in Spain, Smileat has built a presence in the organic baby food segment, differentiating itself through its use of natural ingredients, sustainable production processes, and a business model aligned with responsible consumption values.

The entry of Seaya Andrómeda is expected to support Smileat’s consolidation within the organic food sector and accelerate its expansion at both national and international level.

The transaction involved the transfer of a controlling interest in Smileat to Seaya Andrómeda, which enters as a key strategic partner alongside a group of co-investors. Dentons provided comprehensive legal advice to the selling shareholders and Smileat across all phases of the deal, from initial structuring through to contract negotiation, signing, and closing.

The team

The Dentons team was led by Jorge Carmona, partner in the Corporate practice.