Dentons advises Baïa Food on majority stake sale to Seaya Andromeda
Dentons has advised the shareholders and management team of Baïa Food, a Spanish company focused on the formulation and commercialisation of natural-origin probiotics and supplements, on the sale of a majority stake to Seaya. The acquisition was made through Seaya Andromeda, the firm’s impact and sustainability-focused fund.
With this transaction, Baïa Food begins a new phase of growth, transitioning from an exclusively online sales model to a broader multichannel strategy. Backed by Seaya, the company plans to enter the retail space through pharmacies and specialized stores, marking the start of its international expansion and strengthening its market presence.
The firms team advising on the transaction was 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.