Metro AG (XTRA:B4B) agreed to acquire Aviludo Group on October 19, 2020. Aviludo Group will remain broadly independent and keep its brand. Aviludo Group reported sales of €152 million in 2019. The transaction is subject to regulatory approvals and is expected to close in the first half of calendar year 2021. Catarina Brito Ferreira, Luís do Nascimento Ferreira and Philipp Melcher of Raposo Bernardo & Associados acted as legal advisor to Metro AG. Pedro Raposo, Tiago Fiuza of Raposo Bernardo & Associados acted as legal advisor to Aviludo - IndÚstria E ComÉrcio De Produtos Alimentares, S.A. The transaction is expected to be completed in the first half of 2021. Baker & Mckenzie Partnerschaft Von Rechtsanwälten Wirtschaftsprüfern,Steuerberatern Und Solicitors acted as legal advisor to Metro AG (XTRA:B4B) in the transaction.

Metro AG (XTRA:B4B) completed the acquisition of Aviludo Group on February 28, 2021.