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Allen & Overy advises on the sale of Cesare Fiorucci by Campofrìo Food Group

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Published Date

Nov 7 2023

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Allen & Overy has advised the Mexican multinational food company Sigma Alimentos, through Campofrìo Food Group Holding S.L., a company producing meat, dairy, and other refrigerated and frozen products, on the sale of 100% of Cesare Fiorucci S.p.A. to Fiorucci Holding S.r.l., an entity jointly controlled by Navigator Capital Gmbh and White Park Capital Ireland Ltd.

Cesare Fiorucci S.p.A. is one of the leading Italian food companies specialising in the cured meats sector. The transaction involved Cesare Fiorucci S.p.A. and its subsidiaries in Italy and Germany, including two production facilities in Santa Palomba (Rome), and Lesignano de' Bagni (Parma), as well as the Fiorucci brand in Europe.

Navigator Capital is a Düsseldorf-based industry holding focused on the acquisition of the non-core assets of large industrial groups. White Park Capital is a family investment holding company based in the Republic of Ireland which invests in carve-outs from large multinationals.

The Allen & Overy team advising Sigma Alimentos was led by partner Paolo Nastasi, supported by senior associate Chiara De Luca, associate Riccardo Di Laura and trainees Davide Cinefra and Houda Latrech. Partner Livio Bossotto advised on the deal on employment-related matters and counsel Luca Amicarelli with associate Arianna Fletcher advised on administrative law and golden power profiles.