Arkios Italy S.p.A. acted as Arrange Advisor in the sale of 65% of shares of ALFRUS SRL to the Californian multinational Pomona Farming.
Arkios Italy S.p.A. assisted ALFRUS SRL, € 114 million in turnover, 4th European processor of almond-based ingredients in the sale to the Californian Pomona Farming, (www.pomonafarmingllc.com
), one of the largest players global in the cultivation of almonds, nuts in general and other food ingredients.
Pomona Farming is owned by the one of the the largest Investment Funds in the world, with over $ 200 billion under management.
The deal of Pomona Farming aims to create the largest global player in the sector, perfectly vertically integrated.
To date, it is the largest M&A Deal carried out in Puglia.
Arkios Italy S.p.A. acted with a team composed of: Deborah V. Setola, Elisa Panaro, Simone Fortis and Simone Lo Giudice.
The Bird & Bird Italy team with its partners Stefano Silvestri and Federico Valle and with the lawyers Calogero Porrello and Laura Pallanza acted as Legal Advisor of the transaction for ALFRUS SRL. The tax aspects of the operation for Alfrus were handled by Studio Lotito of Bari, with the partner Michele Lotito and with Michelangelo Carnicella.
For the buyers, the Legal Advisor in Italy was the Gitti and Partners team led by the partner Vincenzo Giannantonio with the lawyers Domenico Patruno, Fabrizio Ragazzini, Elena Martellucci, Giacomo Pansolli and Anastasia Cichetti.
Legal Advisors for foreign aspects were Davies Ward Phillips & Vineberg LLP, Linklaters and Freshfields Bruckhaus Deringer.
PwC Deals assisted Pomona Farming for all financial and tax aspects of the operation both in Italy and abroad.
The notarial aspects of the operation were handled by the Notary Ciro de Vivo