Addleshaw Goddard and Dentons advise on the sale of a majority stake of Baïa Food to Seaya Andromeda

Seaya, the venture capital and private equity firm specializing in technology and sustainability, has taken a strategic stake in Baïa Food, Spain’s leading brand in digestive health and wellness supplements. The investment was carried out through Seaya Andromeda, the firm’s high-growth fund for Southern Europe, focused on digital innovation and sustainable technology.

With €300 million in assets under management, Seaya Andromeda targets companies addressing global sustainability challenges, investing in sectors such as energy transition, decarbonization, circular economy, and the food value chain—all with a strong tech component and high return potential.

This deal marks a pivotal moment for Baïa Food, which is set to expand beyond its direct-to-consumer digital model. With Seaya’s support, the company will implement a multichannel growth strategy, entering the retail market through pharmacies and specialty health stores. The move also signals the beginning of Baïa Food’s international expansion, aimed at boosting its footprint in the health and wellness sector across Europe and beyond.

Dentons has advised the shareholders and management team of Baïa Food with a team led by Jorge Carmona, counsel in the Corporate and M&A/Private Equity practice in Madrid, working alongside partner Jesús Durán and associates Juan Gamón and Eugenia Hernández-Antolín.

Addleshaw Goddard has advised Seaya and was coordinated by partner Germán Cabrera, senior associate Fátima García de la Torre and associates César Báscones and Jorge López-Rey, from the Corporate department, as well as by counsel Samuel Martínez and associate Beatriz Quetglas, from the New Technologies department.