A&O Shearman advises Seven2 on the sale of its majority stake in Europe Snacks

Under Seven2’s ownership, Europe Snacks has grown from a French player into a pan-European leader through both organic development and M&A. Europe Snacks will continue to develop and accelerate its growth in Europe, having already multiplied its revenue by eight since Seven2 invested in the group in 2013.

The A&O Shearman team was led by partner Marc Castagnède and counsel Jules Lecoeur, with associates Yasmine Benhmida and Arthur Curti on M&A aspects, partner Charles del Valle on tax aspects, as well as partner Florence Ninane and senior associate Clémence d'Almeida on competition law aspects.

The due diligence was led by the corporate team in France, with assistance from partner Olivier Picquerey and senior associate Antoine Tantaro on employment aspects, partner Laurie-Anne Ancenys and associate Juliette Mazilier on IT/data protection aspects, partner Thomas Roy and associate Alexia Legrand on financing aspects, partner Erwan Poisson and associate Guillaume Auzanneau on litigation aspects, counsel Luc Lamblin on regulatory/public law aspects, consultant Marianne Delassaussé on intellectual property aspects, partner Jean-Dominique Casalta and associate Valentine Henry on real estate aspects, as well as senior associate Rebecca Harris and associate Valentin Fraisse on compliance aspects. The UK due diligence was notably led by London senior associate Tina Barazandeh-Nejad and Sydney associate Riley Phillips-Harris, and the Spanish due diligence was notably led by counsel Pablo Mendez, associates Sergio Ochagavia and Maria Isla in Madrid.