Midsona instructs Pérez-Llorca on €57.5m Alimentación Sante acquisition

Pérez-Llorca advised food business Midsona on the €57.5 million acquisition of Alimentation Santé.

Alimentation Santé’s wholly owned subsidiaries include the organic and plant-based food companies Vegetalia and Satoki in Spain and Celnat in France. Its products include cereals, breakfast products, flour and plant-based meat alternatives such as ‘veggie burgers’ and vegetable protein.

A Midsona statement said “synergies are expected to have an annual impact of €2 million by 2021”.

The Pérez-Llorca team advising Midsona was led by New York-based partner Iván Delgado (pictured).