L.D.C. S.A. completed the acquisition of an unknown majority in European Convenience Food GmbH from MVI Group.
L.D.C. S.A. (ENXTPA:LOUP) entry into an agreement to acquire an unknown majority in European Convenience Food GmbH from MVI Group on October 18, 2024. For the period ending December 31, 2023, European Convenience Food GmbH reported total revenue of ?80 million and EBITDA of ?10 million. The transaction is subject to the Authorization from the Competition Authority and regulatory approvals and customary closing conditions. The expected completion of the transaction is in end of 2024. Houlihan Lokey GMBH and Deloitte Corporate Finance GmbH acted as financial advisors to European Convenience Food GmbH. P+P Pöllath + Partners and Noerr Partnerschaftsgesellschaft mbB acted as legal advisors to European Convenience Food GmbH. Roland Berger provided commercial advisory services to European Convenience Food GmbH. Henrik Wenckert and Louise Sörelind of Wigge & Partners Advokat Kb acted as legal advisors to MVI Group in the transaction. Barbara Wössner, Kai Wallisch, André Lippert, Andreas Heim, Boris Alles, Marc Seibold, Anne Waßmuth, Martin Mohr, Michael Kraus, Martin Kilgus, Rolf Hempel, Martin Cholewa, Stefan Voß, Thomas Fröhlich, Birgit Wagne and Lisa Mattmann of CMS Germany acted as legal advisor to L.D.C. S.A. Altios France acted as financial advisor to L.D.C. S.A.
L.D.C. S.A. (ENXTPA:LOUP) completed the acquisition of an unknown majority in European Convenience Food GmbH from MVI Group on November 29, 2024.