Milan, 12 May 2020 – Ambienta SGR S.p.A., the largest European Private Equity fund focussed on sustainability, has announced the 100% acquisition of Create Flavours, one of the UK’s largest producers of natural flavourings for the food & beverage industry.
As a result of the acquisition of Create Flavours, Nactarome Group further consolidates its position as independent leader in the European market of flavourings and natural ingredients, with revenues exceeding €110 million and over 4,200 customers served through ten production plants in Europe. Nactarome is confirmed as a strategic asset thanks to an increasingly wide range of products in the field of flavourings, colours and natural ingredients.
Pedersoli Studio Legale has provided legal assistance to the purchaser as Italian counsel with a team composed of Alessandro Marena (Equity Partner), Edoardo Augusto Bononi and Elisa Bertoni (Associates). Pedersoli team has acted in cooperation with the professionals of Mills & Reeve LLP: Peter McLintock (Partner), Hayley Simonds (Senior Associate) and Hollie Licence (Associate).
Facchini Rossi Michelutti has advised the purchaser in relation to all tax aspects of the transaction with a team composed of Luca Rossi and Giancarlo Lapecorella (Partners) and Marco Belloni (Associate). They have acted in sinergy with Mayer Brown as to UK tax aspects.
Ambienta has also engaged the services of Roland Berger (business due diligence), KPMG (financial and tax due diligence), EY (debt advisor). Create Flavours has been assisted by RSM (financial advisors) and WBD (legal advisors).
FOR FURTHER INFORMATION:
Pedersoli Studio Legale
Sebastiano Distefano, Laura Sala
Tel. +39 02303051
Ad Hoc Communication Advisors
Sara Balzarotti, Alessandro Michielli
Tel. +39 027606741