Niederer Kraft Frey AG | View firm profile
Niederer Kraft Frey advised Transgourmet Ibérica on its joint venture with Nudisco.
Transgourmet Ibérica, a benchmark in the distribution of food to the hotel and catering industry and supermarkets, and Nudisco, a company dedicated to the commercialization of canned food, have signed a joint venture agreement with the aim of boosting their supermarket business in the Levante region.
Transgourmet is part of the Swiss Coop Group and active in Switzerland, Germany, France, Austria, Poland, Romania and Spain. With more than 30’000 employees, Transgourmet generates net sales of approximately CHF 11.6 billion.
The Coop Group operates in the retail as well as wholesale and production sectors. In the retail sector, Coop operates supermarkets and various specialist formats in Switzerland. In wholesale, the Coop Group operates through Transgourmet. With more than 95’000 employees, Coop generates net sales of approximately CHF 34.6 billion.
The completion of the transaction is subject to approval by Spain’s National Authority for Markets and Competition (CNMC).
The NKF team was led by Corporate/M&A partner Moritz Maurer, working with associate Julia Pugliese (Corporate/M&A).