Fromageries Bel SA (ENXTPA:FBEL) signed an agreement to acquire 80% stake in All in Foods, SA from the Jouault family on March 12, 2020. The Jouault family will retain the 20% stake in All in Foods. Bel will self-finance the acquisition. In connection to the acquisition, a liquidity agreement will allow Bel to acquire 100% of All in Foods' share capital by 2024. The transaction is expected to complete by the end of May 2020. Anthony Benichou and Thierry Latran of Rothschild & Co SCA acted as financial advisorx to All in Foods, SA. Boris Bignon, Guillaume Rembry and Guillaume Exerjean of Eight Advisory France acted as the due diligence providers to Fromageries Bel SA . Fromageries Bel SA (ENXTPA:FBEL) completed the acquisition of 80% stake in All in Foods, SA from the Jouault family on June 18, 2020. The transaction was completed after the fulfillment of all of the suspensive conditions.