Baker & McKenzie advised the Chinese company Bright Food on the acquisition of the Spanish distribution company Miquel Alimentació.
The deal was valued at €130 million, according to Mergermarket.
KPMG advised the vendors – the Miguel family – on the deal.
Headquartered in Shanghai, Bright Food comprises 22 food and distribution companies, with turnover of €18 billiion.
The purchase of Miquel Alimentació represents the company´s first acquisition in the distribution sector in Europe.