Vitale & Co. assisted Zerbinati, Italian leader in the market of ready-to-eat vegetables, soups and plates, in the acquisition of the ready-to-eat vegetables business of Centrale del Latte d’Italia.
Activities performed:
assistance in the economic and financial analyses;
origination of the transaction and assistance in defining the structure and the terms of transaction;
assistance in the negotiations and definition of the agreement with the counterpart;
cooperation with legal consultants in the revision, negotiation and definition of the legal documentation.
The former shareholders will continue to be closely associated with the group and remain minority shareholders and support the management team in the role of an advisory board as well as consultants.
GJM (JMT:LS) is one of Portugal’s largest multinational groups (c. EUR 8.9 billion market cap) that operates in food distribution and specialized retail.
IMAP closed 193 M&A transactions valued at over $7.0 billion in 2020, down from the 7 year high of 235 deals closed in 2019.