Uría Menéndez and Allen & Overy instructed on €183m Natra bid

Uría Menéndez is advising Investindustrial on its proposed acquisition of Natra, which is being advised by Allen & Overy.

The bid is valued at €183 million, according to Mergermarket.

Chocolate confectionery manufacturer Natra reported net profit of €10.4 million in the first nine months of 2018.

Natra, which was founded in Valencia, has six production plants in Spain, Belgium, France and Canada. Its shares are listed on the Valencia and Madrid stock exchanges.

Investindustrial has €6.8 billion of “raised fund capital”, according to its website.